Employees can receive a discount on TurboTax® tax preparation software in time to make the April 15, 2024, deadline to file taxes.
Our employee assistance plan (EAP) Compsych® GuidanceResources® has partnered with WorkingAdvantage to offer District employees a discount on the tax preparation software.
To get started, sign up or log on to GuidanceResources Online, scroll to the additional tools and resources section, click the Discounts icon, and follow the instructions posted under Save on TurboTax.
Here are some filing tips:
- Get started now. Organize receipts, paycheck stubs, financial records, mortgage statements, and other essential documents, and try to estimate how much you will owe or be refunded. You must schedule enough time to complete your return and avoid the rush of filing deadlines.
- Understand your payment options. There are alternatives if you cannot immediately pay the taxes you owe. You can apply for an installment agreement at irs.gov. There are several options for charging the balance on a credit card. The IRS won’t tack on a fee for credit card payments, but the processing companies will charge a convenience fee.
- If you can’t file on time. You can submit IRS Form 4868: Application for Automatic. Extension of Time to File U.S. Individual Income Tax Return and receive an automatic six-month extension to postpone your filing date. An extension pushes back the due date for the paperwork. It doesn’t give you more time to pay any taxes due, so you will owe interest on any amount not paid by the May 17 deadline, plus a late payment penalty if you have not paid at least 90 percent of your total tax by that date.
Visit the IRS website or call the IRS toll-free at 800.829.1040 for help. Consider hiring a CPA, financial planner, or tax attorney for a complex return.