Taxes can be daunting, and sometimes, you need to hit the reset button. Maybe you made a mistake, need to add information, or simply want to start fresh. Understanding how to restart your H&R Block taxes is crucial for ensuring accuracy and maximizing your refund. This guide provides a step-by-step approach to effectively navigate the restart process, minimizing frustration and maximizing your peace of mind.
Understanding When to Restart Your Taxes
Knowing when to restart your taxes is just as important as knowing how. Several scenarios might warrant a fresh start. Incorrect information, missed deductions, or a change in your tax situation are prime examples.
Perhaps you accidentally entered the wrong amount for your income or overlooked a crucial deduction like student loan interest. Or maybe you received an updated W-2 or 1099 form after starting your return. Any of these situations necessitates revisiting your current progress and potentially restarting.
Consider also life events that significantly impact your taxes, such as marriage, divorce, the birth of a child, or buying a home. These events often introduce new deductions and credits that need to be properly accounted for, which might be easier to manage by starting over.
Furthermore, if you’re unsure about specific tax laws or forms, restarting with a clearer understanding can prevent costly errors. Tax laws change frequently, so staying informed is critical.
Restarting Your H&R Block Online Return
H&R Block offers a user-friendly online platform. Restarting your return is generally straightforward, but the exact steps can vary slightly depending on the specific version you are using (e.g., Free, Deluxe, Premium).
Locating the Restart Option
The most direct way to restart is to look for a “Clear Return” or “Start Over” button. This is often found in the settings menu or near the beginning of the return process. Carefully review the options to ensure you are completely clearing the return and not just deleting a section.
If you can’t find a clear button, navigating back to the initial “Getting Started” section often presents an opportunity to begin anew. Some versions may require you to manually delete each section individually, starting with personal information and moving through income, deductions, and credits.
Deleting Individual Sections
If a complete reset option isn’t available, you’ll need to manually delete information from each section. Begin by deleting personal information, such as your name, address, and Social Security number. Then, move on to income sections, deleting any W-2s, 1099s, or other income entries. Next, clear out any deductions and credits you’ve entered.
Be meticulous to ensure you delete all entries. This process can be time-consuming, but it is essential for creating a truly clean slate.
Using the “Tax Summary” Feature
The “Tax Summary” section is a helpful tool for identifying areas that need to be cleared. It provides an overview of your return and highlights key figures, such as your adjusted gross income, taxable income, and total tax liability. By reviewing this summary, you can pinpoint any sections that contain incorrect or outdated information.
Once you’ve identified the problematic areas, you can navigate to those sections and manually delete the entries. Remember to save your progress after each deletion to avoid losing your work.
Restarting with H&R Block Software (Desktop Version)
The desktop version of H&R Block software offers a slightly different experience, but restarting is still achievable.
Creating a New Tax File
The simplest way to restart with the desktop software is to create a new tax file. This effectively starts you from scratch without altering your previous attempts.
To create a new file, navigate to the “File” menu and select “New Tax Return.” This will open a blank tax form, allowing you to enter your information from the beginning. Remember to save the new file with a different name than your previous attempts to avoid confusion.
Deleting the Existing Tax File (If Desired)
If you want to completely remove your previous attempt, you can delete the existing tax file. Locate the file on your computer and delete it. However, exercise caution when deleting files, as this action is irreversible.
Before deleting, consider backing up the file to an external drive or cloud storage. This provides a safety net in case you later realize you need information from the previous return.
Manually Clearing Information
Similar to the online version, you can also manually clear information from each section of the return. Navigate to each section, such as income, deductions, and credits, and delete the entries.
This method is more time-consuming than creating a new file, but it can be useful if you only need to make minor changes or if you want to retain some of the information you’ve already entered.
Restarting After Filing (Amending Your Return)
What happens if you’ve already filed your return and then realize you need to make changes? In this case, you cannot simply restart. You must amend your return.
Form 1040-X: Amended U.S. Individual Income Tax Return
The official form for amending your tax return is Form 1040-X, Amended U.S. Individual Income Tax Return. You can download this form from the IRS website.
This form requires you to explain the changes you are making and provide supporting documentation. Be clear and concise in your explanation and attach any relevant documents, such as corrected W-2s or 1099s.
When to File an Amended Return
You should file an amended return as soon as you realize you made a mistake on your original return. However, you must wait until your original return has been processed before filing an amendment.
The IRS typically takes several weeks to process amended returns, so be patient. You can track the status of your amended return online using the IRS’s “Where’s My Amended Return?” tool.
Using H&R Block to Amend Your Return
H&R Block software can also be used to prepare and file amended returns. The software will guide you through the process of completing Form 1040-X and will help you calculate any additional taxes or refunds you are owed.
Using the same software you used to file your original return can simplify the amendment process as your initial information will be readily available.
Tips for a Smooth Restart
Restarting your taxes can be stressful, but following these tips can help ensure a smoother experience.
Gather All Necessary Documents
Before you begin, gather all necessary documents, such as W-2s, 1099s, receipts, and any other relevant tax forms. Having these documents readily available will save you time and reduce the risk of errors.
Ensure you have the most updated versions of these documents. If you are missing any forms, contact the issuer to request a copy.
Double-Check Your Entries
As you re-enter your information, double-check each entry to ensure accuracy. Pay close attention to numbers and dates, as even small errors can have a significant impact on your tax liability.
Consider having someone else review your return before you file it. A fresh pair of eyes can often catch mistakes that you may have overlooked.
Take Advantage of H&R Block’s Resources
H&R Block offers a variety of resources to help you with your taxes, including online help articles, FAQs, and access to tax professionals. Take advantage of these resources to get answers to your questions and ensure you are filing your return correctly.
Do not hesitate to seek professional help if you are unsure about any aspect of your taxes. A tax professional can provide personalized guidance and help you navigate complex tax laws.
Back Up Your Progress Regularly
Whether you are using the online or desktop version of H&R Block software, back up your progress regularly. This will prevent you from losing your work if your computer crashes or if you accidentally delete your file.
Consider using cloud storage to back up your files, as this will provide an extra layer of protection against data loss.
Avoiding Future Restarts
While restarting your taxes is sometimes necessary, there are steps you can take to minimize the likelihood of needing to do so in the future.
Keep Accurate Records
Maintaining accurate records throughout the year is crucial for simplifying the tax preparation process and reducing the risk of errors. Keep copies of all relevant documents, such as W-2s, 1099s, receipts, and invoices.
Consider using a tax preparation app or spreadsheet to track your income and expenses throughout the year.
Stay Organized
Organization is key to efficient tax preparation. Keep your tax documents in a designated folder or file cabinet. This will make it easier to find the information you need when it’s time to file your taxes.
Consider scanning your documents and storing them electronically to further enhance your organization.
File Early
Filing your taxes early gives you more time to identify and correct any errors before the filing deadline. It also reduces the risk of identity theft and tax fraud.
Aim to file your taxes at least a few weeks before the deadline to allow ample time for processing and any necessary corrections.
Utilize Tax Planning Strategies
Proactive tax planning can help you minimize your tax liability and avoid surprises when you file your return. Consult with a tax professional to develop a personalized tax plan that aligns with your financial goals.
Tax planning strategies can include maximizing deductions, claiming eligible credits, and investing in tax-advantaged accounts.
Restarting your H&R Block taxes might seem daunting, but with careful planning and execution, you can navigate the process effectively. Understanding when to restart, knowing how to use the software’s features, and taking steps to prevent future errors are all essential components of a successful tax filing experience. Remember to gather all necessary documents, double-check your entries, and utilize available resources. By following these guidelines, you can ensure your taxes are accurate and filed on time, minimizing stress and maximizing your financial well-being.
What if I forgot my H&R Block username or password?
If you’ve forgotten your H&R Block username or password, don’t worry, it’s a common issue and easily resolved. Visit the H&R Block website and navigate to the login page. There you will find “Forgot Username?” and “Forgot Password?” links. Click on the appropriate link based on what you’ve forgotten. You’ll then be prompted to enter information like your email address or phone number associated with your account.
H&R Block will then send you instructions to recover your username or reset your password. This typically involves receiving an email or text message with a verification code or a link to create a new password. Follow the instructions carefully, and make sure to choose a strong, unique password that you can easily remember in the future. Consider using a password manager for added security and convenience.
Can I restart my H&R Block tax return if I’ve already filed it?
No, you cannot simply restart a tax return using H&R Block’s software if it has already been filed with the IRS. Once a return is submitted and accepted by the IRS, it’s considered final. The system does not allow for directly overwriting or replacing a submitted return. Trying to file a second return for the same tax year will likely be rejected by the IRS as a duplicate.
However, if you realize you made a mistake after filing, you can amend your return using Form 1040-X, Amended U.S. Individual Income Tax Return. H&R Block’s software typically provides tools to help you prepare and file an amended return. This allows you to correct any errors or omissions and refile your taxes with the accurate information. Make sure to include an explanation of the changes you’re making when submitting your amended return.
How do I clear all my data and start a new return in H&R Block’s software?
The process for clearing data and starting a new return in H&R Block’s software depends on whether you’re using the online version or the desktop version. In the online version, you may find an option within the “Tax Summary” or “Overview” section to “Start Over” or “Clear Return.” Look for a button or link with similar wording. Remember to back up any data you want to retain before clearing it.
In the desktop version of H&R Block, you might need to create a completely new tax file. This is typically done by going to “File” and then “New Tax Return.” This will create a blank return, allowing you to start fresh. Be absolutely certain you’re not overwriting a previously saved file that you may need. It’s always a good idea to create a backup of your original file before beginning this process.
Is it possible to transfer data from a previous year’s H&R Block return to my new return?
Yes, H&R Block’s software is designed to transfer data from a previous year’s return to help streamline the preparation of your current year’s taxes. This feature can save you time and reduce the risk of errors by automatically importing information like your name, address, social security number, and potentially some of your income and deduction information.
When starting your new tax return, the software will usually prompt you to import data from a prior year. You’ll be asked to locate the previous year’s tax file, which is usually saved in a specific directory. Select the file, and the software will automatically populate the relevant fields in your current year’s return. Make sure to review the imported information carefully to ensure it is still accurate and up-to-date.
What happens if I get stuck while restarting my H&R Block return?
If you encounter difficulties or get stuck while restarting your H&R Block tax return, there are several resources available to provide assistance. First, consult the H&R Block software’s built-in help system. This often includes FAQs, tutorials, and context-sensitive help that can guide you through the process step-by-step. Look for a “Help” button or menu option within the software.
If the built-in help doesn’t resolve your issue, you can contact H&R Block’s customer support directly. They typically offer phone, email, and chat support options. Their website should have information on how to reach them, including their hours of operation and contact details. Be prepared to provide them with details about the issue you’re experiencing and the steps you’ve already taken to resolve it.
Will restarting my H&R Block return affect my refund amount?
Restarting your H&R Block tax return in itself will not directly affect your refund amount. The refund amount is determined by the information you enter into the tax forms and schedules. If you are restarting your return because you made errors in the original, then correcting those errors could potentially impact the refund amount, either increasing it or decreasing it.
It’s crucial to carefully and accurately input all information when completing your restarted tax return. Double-check all numbers, especially income, deductions, and credits, to ensure they are correct. A more accurate return will lead to a more accurate refund (or amount owed) based on your specific tax situation and applicable tax laws. Keep proper records and documentation to support the information you provide in your tax return.
Is there a deadline for restarting my H&R Block tax return?
There isn’t a specific deadline for simply restarting your H&R Block tax return if you haven’t already filed it. You can work on your return at your own pace until the tax filing deadline, which is typically April 15th of each year. However, it’s advisable to start working on your taxes well in advance of the deadline to avoid any last-minute stress or technical issues.
If you’re amending a return after the filing deadline, there are deadlines for claiming refunds related to the amended return. Generally, you must file an amended return within three years of filing the original return or within two years of when you paid the tax, whichever date is later. If you’re amending a return to claim an additional refund, make sure to file within these timeframes to avoid missing the opportunity to receive the refund.