What to Know to File Taxes
Tax season can be daunting, and many procrastinate filing their taxes for this reason. Figuring out the required paperwork and turning your tax information in can feel like a tiring task, but it is necessary. The important thing to note when filing your taxes, or making any financial decision, is that you do not have to do it alone.
Don't Know Where to Start?
The Internal Revenue Service (IRS) offers a free step-by-step guide to filing individual taxes, as well as support for business and non-profit owners.
This guide includes information on what resources are needed to file, which tax credits are available, the tax season timeline, and how to get an extension if you fall behind. It is always encouraged to file your taxes as soon as possible to avoid any unnecessary stress or additional penalties. This year’s deadline to file is April 15, 2026.
Find Support.
There are many tax filing services available for your use that ease the experience. As a Gulf Winds member, you have the opportunity to use TurboTax or H&R Block at a discounted rate. Both services offer free and low-cost versions, and online assistance that ensures your tax filing is simple and stress-free. The IRS also offers Free File Options that are made for those who may not need as much guidance.
Using one of these services can save you time and money. They will walk you through which paperwork you need, including a W2, 1099, and others, while making sure you receive the best and most accurate tax return possible.
What Do I Do After?
This year, make the most of your tax return. Gulf Winds offers solutions that allow you to apply your return in ways that are tailored to you. Whether it is adding funds to a primary savings for extra cushion in the future, preparing for end-of-year gift giving with holiday savings, or applying it to existing debt you’ve consolidated with a Gulf Winds VISA credit card, we are here to be the support that suits your needs.
Subscribe to our blog for future updates on how these solutions may be the best fit for your return, and other financial tips made to give you the financial confidence you deserve.