When do i submit my first tax return

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Income Tax Slabs. Insure Life Insurance. Health Insurance. Motor Insurance. Other Risk Covers. Personal Finance News. Mutual Funds. Devansh Sharma. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. Getty Images Story outline Until the assessment year, i. Now, as per section F, an individual would have to pay a fee of up to Rs 10, for filing ITR after the due date. Merely filing your tax return is just half of the process — you need to verify it as well.

As per the present tax laws, you can verify your tax return within days of filing it. If you've earned income from freelancing, don't forget to report your gig work income on your tax return.

Nowadays, you can do most everything from paying your bills to ordering lunch online, and filing your taxes is no exception. Using TurboTax makes the tax filing process simple because it walks you through a series of questions, fills out the right forms and helps ensure you claim all the right credits and deductions.

If you choose to e-file your return rather than print and mail it to the IRS, you don't have to think about the correct postage or stand in line at the post office. Remember, with TurboTax , we'll ask you simple questions about your life and help you fill out all the right tax forms. Whether you have a simple or complex tax situation, we've got you covered. Feel confident doing your own taxes. Just answer simple questions about your life, and TurboTax Free Edition will take care of the rest.

For Simple Tax Returns Only. How to File Taxes Online. The 10 Most Overlooked Tax Deductions. What is Direct Tax? What is a Wealth Tax? Understanding Progressive, Regressive, and Flat Taxes. Estimate your tax refund and where you stand Get started. See if you qualify for a third stimulus check and how much you can expect Get started.

Easily calculate your tax rate to make smart financial decisions Get started. Estimate your self-employment tax and eliminate any surprises Get started.

Know what dependents credits and deductions you can claim Get started. Know what tax documents you'll need upfront Get started.