The start of a new year is an exciting time and full of new resolutions for most of us—getting in shape, taking that dream vacation, or finally getting control over your finances. While your WWFCU financial gurus can’t give you tips on fitness or travel, we can certainly share our tax filing tips! Here’s everything you need to know to make tax season stress-free and keep more money in your pocket.
When’s the Deadline?
Mark your calendar: April 15, 2026, is the last day for filing your 2025 taxes. Need more time? File for an extension by April 15 and you’ll have until October 15, 2026, to submit your return. Just remember—an extension gives you more time to file, not more time to pay. If you owe, pay by April 15 to avoid penalties. For more information go to https://www.irs.gov/
What You’ll Need
Before you start, gather these essentials:
• Social Security numbers for you, your spouse, and dependents
• Last year’s tax return
• Account and routing numbers for direct deposit of your refund
• Income forms: W-2s, 1099s (for interest earned, freelance work or side hustles), or the SSA -1099 for Social Security Benefits
• Records for deductions and credits: mortgage interest, childcare, education, charitable donations
Pro tip: Keep everything tax related in one folder so you’re not scrambling to find documents later.
Know Your Filing Status
Single? Married? Head of Household? Your filing status affects your tax rate and deductions. If you’re unsure, check out IRS guidelines or use their online tool. Big life changes—like getting married, divorced, or having a baby—can change your status and your refund.
How to File
• Turbo Tax: WWFCU members are eligible to receive a 20% discount just for being Credit Union members! For more information, check out https://turbotax.intuit.com/affiliate/wayne
• Online: IRS Free File is a great option if your income is under $84,000. Or use Free Fillable Forms if you’re comfortable doing it yourself.
• In person: Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs offer free help for qualifying taxpayers.
• To schedule an appointment or find a location for these services please visit https://www.irs.gov/ for more information.
• Tax pro: If you’ve got multiple income streams or big life changes, hiring a tax professional might be worth it. Tax rules can change from year to year, and a certified tax preparer will be knowledgeable about them all.
Filing early can mean faster refunds and less stress—plus it helps protect you from identity thieves who may try to file before you do.
Watch Out for Scams
Tax season is prime time for fraud. The IRS will never call, email, or text asking for payment or personal info. Common scams include fake IRS calls, phishing emails, and shady tax preparers promising huge refunds. File early, use strong passwords, and consider getting an Identity Protection PIN from the IRS.
Make your refund work for you.
Your tax refund is more than just extra cash—it’s an opportunity to take control of your financial future. Whether you use it to build an emergency fund, pay off high interest debt – every smart choice brings you closer to gaining financial freedom. And remember, your WWFCU financial gurus are here to guide you every step of the way!
