How to prepare for filing of your ITR

Filing your taxes can be a large and time consuming task. Whatever your situation, TaxSlayer is here to help you from prep to e-filing your.

 · You can follow these steps to file your ITR if you have multiple Form 16: Step 1: Collect Form 16 from all your employers. Collect Form 16 from all your employers. This will help you find your total salary for the financial year. Step 2: Check TDS with Form 26AS. Form 26AS is a tax credit statement, you can claim this tax credit while filing your ITR.

If both husband and wife are income earners like in your case, you should accomplish one income tax return only. you compute the income tax separately on your respective incomes. the two will be added (item 78 in the ITR form) to arrive at a single net tax payable (overpayment) for tax filer and spouse. there will be a basic personal exemption of 50,000 each. since you will be filing a single return with the.

To prepare and submit ITR online: 1) Login to e-Filing website with User ID. A digital signature certificate lets you file your Tax Returns easier and more secure. Digital signature can be uploaded.

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Income tax return filing for AY 2018-19: How to do it online using ITR-1 form Description: The new ITR-1 form is now applicable for resident individuals only in contrast to the earlier ITR-1 form where both residents and non-residents were using the form. The new ITR-1 form seeks salary break-up and break-up of income under House Property also.

Download the Income tax return (itr) form applicable to you. If your.. itr easily. reference: How to Prepare and File Income tax returns.

Start filing ITR for FY 2017-18, if your income is more than Rs 250000 before 31st. So, make the most of it by being adequately prepared.

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Once you have these details, log in to the Income Tax e-filing portal. On the top left menu, select the Quick e-file’ option. Choose the assessment year and address, and submit the selection. On the following page, after reading the instructions, fill the first section with your personal information.

Prepare yourself for filing of your income tax return Though the due date has been extended to 31 August to file income tax returns, it is the time to check a few details to ensure that you do not.