You don’t need anything other than your email address and phone number to get started! You don’t even need to have your W-2’s or 1099’s yet.
Once you sign up for your account, we will help you calculate your total annual income (since you likely don't know it yet) so you can get your refund estimate.
We will also give you a list of paperwork you need to gather (like your W-2 or 1099) so you can claim all the tax credits you deserve as soon as tax filing opens!
Think of Let’s Get Set as your all-in-one tax support partner. We will help you with things like: estimating your tax refund and benefits, gathering your tax forms, seeing if you can claim your children, filing your taxes, and tracking your refund. See how it works for details.
Yes, for most tax situations, you can file your taxes directly within our Let’s Get Set app. If you choose to file with us the cost is $60 (flat rate, we don’t increase the filing fee when you claim more credits).
Alternatively, you can file with one of our tax partners. Filing with them is free, but we will have less insight into your filing process and timeline, which means that we won't be able to offer your our best customer support.
Our services are made with parents making less than $70,000 in mind. If you are not a parent, or if you make more than $70,000 a year, we recommend that you choose a different tax filing service.
We have a tax care team ready for any questions or concerns that come your way. Simply log in and go to your support tab in the app. Choose “text my care team”, and you will be prompted to text us with your questions or concerns.
You can expect to hear back via text in 1-2 business days at the latest.
Tax credits are reductions to how much tax you owe. There are two types of tax credits: refundable and non-refundable.
Refundable credits means you can get the dollar amount back even if you don’t owe any taxes. The Earned Income Tax Credit is an example of a credit like this. This means that even if you don't owe any taxes, you can get this credit back as cash.
Non-refundable credits means you can use the dollar amount to cancel out your taxes owed (aka your tax liability). Non-refundable credits can't come back to you as a cash refund though. For example, if you owe $500 in taxes, and have $1,000 of non-refundable credits, your tax liability would be canceled out ($1,000 > $500), but you wouldn't get the remaining $500 back. If you owe $1,250 in taxes instead, you'd get to use it all and then only pay $250 in taxes.
If you entered the wrong number, you can edit your phone number on the verification pop-up.
If your number was entered correctly but you still are having trouble verifying, send a message to firstname.lastname@example.org, and a team member will help you out!
You can use the refund estimator, set savings goals, find out who can claim your children, and find a tax filing option all with no charge.
If you decide to file with Let’s Get Set, it costs a flat rate of $60. If you decide to file with our tax partners, it costs $0 to file.
At the end of your journey, we will ask you to pay what you think is fair to help us offer our services to more moms in our community. However, this is completely voluntary, and will not affect your account or the service you are offered in any way.
See Pricing page for details.
Some comment tax credits for parents making $70,000 or less include:
Child Tax Credit
Earned Income Tax Credit
Child and Dependent Care Credit
Unlike most tax services on the market, Let’s Get Set prioritizes getting those credits back to our members, WITHOUT charging you extra fees.
We get this question a lot - especially from folks who haven’t filed before! For most folks it is not hard to file their taxes. Even people who work in the gig economy can generally file their own taxes using software. With a little patience and a willingness to make sure you have all your tax documents you too can file your own taxes. At Let’s Get Set we are here to help you along the way - especially when you are new to filing.
Today, most people can use software or apps to walk them through the process. These apps will even send in your taxes for you. As long as you are comfortable typing in information on a computer or your cell phone you can file your own tax return.
One of the more confusing things about taxes is that we prepare our tax return for the prior year (this year we are doing 2022 taxes) in the current year. This is because the IRS makes us wait until the full year is done before telling the IRS about the money we made during the year or the credits that we are eligible to receive.
When you are filing your tax return, it is a great time to think about your financial situation over the last year and make plans for the current year.
This year a couple things have changed. The first one is that there was no stimulus check payment in 2022 so that cannot be claimed on your tax return.
For most people the big change will be in how the Child Tax Credit will be calculated. This year you will need to have earned income to take advantage of this credit, whereas last year you didn’t need to have made any money from work to get it. You also will need to have made money from work to get the Earned Income Tax Credit. To find out more about the changes, check out https://smartasset.com/taxes/all-about-child-tax-credits
The last big change is that the Child and Dependent Care Credit is changing back to its old calculation, which means that you will need to owe taxes to actually be able to benefit from it. It is a non-refundable credit, which means it never comes back to you as cash in your refund and instead only decreases the amount of taxes you owe. The tldr here is that if you make very little income, this credit won’t be able to help you this year.
Direct depositing your refund to your bank account means that the money goes directly from the IRS into your bank account without ever needing a paper check, and it has a number of benefits for you.
Some tax preparers provide a service called a “refund advance”. This means that the preparer or company is offering a loan to you based on the amount that the tax preparer believes you will get from your refund. To provide this loan, many preparers also charge additional fees that are taken out of your refund when it comes. These fees can range wildly, can come as a surprise, and can be a significant part of your refund. This means that you are paying to have your money a little bit sooner than you would get it if you just had it directly deposited, but are actually losing a big chunk of it! These places can sometimes take $400 from your refund; we’ve even had moms work with us and tell us how they have had $1,000 taken from their refund from these tax preparers in prior years!.
All these fees are in addition to what is charged to prepare your tax return.
The worst part is that if your tax preparer doesn’t correctly calculate your refund or prepares your taxes wrong, you are still on the hook for the loan. On top of which, your credit score may be affected.
Whenever you choose a partner to help you file your tax return, make sure that the fees are clear and you see what options are available. Let’s Get Set has a flat rate and partners who can help you for free.
First of all, congrats on your new baby! As a new parent the addition of a new baby is a time of joy. Something that can help with the expenses of being a new parent are the credits that come with having a child. If this is your only child, parents can get refundable tax credits worth up to $5,200. Depending on your earned income (your money made from work), you could be receiving $3,700 in Earned Income Credit and another $1,500 in Child Tax Credit. To get a better estimate of what you might receive, check out our Refund Estimator here
Parents should be on the lookout for five federal tax credits:
If you did not earn any income this year, unfortunately, it will not be worthwhile to file your taxes at the federal level for any of the refundable tax credits. Currently the tax credits require earned income to get the refundable tax credits. However, you may want to check to see if your state has any tax credits that do not require earned income to receive a refund.
That said, did you file your taxes in 2022? The tax laws were different last year, and there were lots of credits that didn’t require you to have earned income to get them. So, if you haven’t filed for that year yet, you should consider it! (There’s a tool within our app that helps you estimate your credits from that year to see whether it’s worth it to file.)
Fun fact: you can file for up to 3 previous years and get a refund for prior year taxes. Typically, you have 3 years to file a prior year tax return or amend one if you were eligible for a refund.
Also, if you are in a situation where you don’t have money from work, but do have other income or think you must file a tax return, make sure you check with your tax advisor to make sure you file if you should. You want to be sure you are not incurring any fees or penalties by not filing.
If you need a copy of your last year’s tax return you can get that information a number of ways.
First check with your last year’s tax preparer or login to your tax software you used. Most tax preparers can provide you a copy of a tax return that you prepared with them. In the same way, if you prepared your taxes yourself using a software program, you can usually download a copy by logging back into your account.
If you cannot reach out to your last year tax preparer or getting a copy from them or the software company is not an option, you can contact the IRS and request a free “transcript” of your tax return. The document that you can get from the IRS has most of the information that would be on the tax return you submitted to the IRS. This may be done online (https://www.irs.gov/individuals/get-transcript) or by using the IRS’ automated phone service at 800-908-9946.You need to request the “Return Transcript” and you can get it sent electronically or by physical mail.
If you need an exact copy of your tax return and documents, the IRS can provide that to you. You will need to file a form 4506 with the IRS and the IRS does charge a small fee to have this packet mailed to you.
Even those who are not required to file a tax return and are undocumented may still benefit from filing a tax return. Some credits are available to individuals who file with an Individual Taxpayer Identification Number (ITIN). On the federal tax return, if you had earned income and your child has a Social Security Number (SSN), you may still be eligible to claim the Child Tax Credit for your child. Also some states (like CA) allow individuals with ITINs to file for the state earned income and child tax credits.
Not sure if you are required to file a tax return? Check out some of the resources with these organizations that are focused on the needs of immigrants:https://www.nilc.org/ National Immigration Law Center; https://www.clasp.org/ Center for Law and Social Policy; https://www.unidosus.org/ UnidosUS
Congratulations on the new member of your family! Even if your child was born after July 2022 as long as your child meets all the other dependency requirements you can claim that child. Children that are born in 2022 are generally considered to have lived with you all “12 months” of the tax year for credit purposes.
If your baby split time between two parents or houses, then the parent who lived with the baby for more than half the time since they were born should be the one to claim the baby. For example, if you had your baby in September, and your baby lived with you for 3 months and with your partner for 1 month, the baby spent more than half the time with you, so you would claim him/her.
Yes! If you are getting a refund the IRS gives you up to three years from the due date of the return to go back and file. For the 2021 tax credits the due date of the tax return was April 18, 2022 so you have three years from that date to file.
One thing to keep in mind, if you or any of your children did not have a SSN or ITIN by the due date of the return (April 18, 2022) you may be ineligible for some of the credits like the Child Tax Credit and Earned Income Credit.
“Earned Income” is a term used by the IRS to describe money that you made through “sweat and toil” as they like to say. What that means for the rest of us, is that you had to work for the money, usually through working a job and receiving a W-2, or being self-employed and receiving cash or a 1099-NEC. Some common examples of self-employment are gig work (Uber, Lyft, Doordash), child care, landscaping, hair styling, etc.
“Unearned Income” is money that you made without working such as unemployment, interest from a bank account, the sale of stocks or bonds, lottery or gambling winnings.
An ITIN is a Individual Tax Identification Number. This ITIN provides people who are not eligible to get a Social Security Number to file a tax return. This may be useful for individuals who are here in the US and would like to file a tax return to pay for taxes, receive tax credits, or be up to date with their tax return for immigration purposes.
Generally, tax day is April 15th of the following year. This year, the due date for your federal tax return is April 18, 2023.
Yes, the EIC and the EITC are the same tax credit. Depending on where you learn about the Earned Income Credit and the Earned Income Tax Credit the acronym may be slightly different. Even on the IRS website they refer to the EITC and the EIC! Don’t worry if you hear different people use different acronyms for the EIC, we are all referring to the same Earned Income Credit.
A refundable credit is a tax credit that can return cash to you even if you do not owe any money on your tax return. The reason we call the money the IRS sends us our tax refund is because it is money that the government has that should be returned (refunded) to you.
So a refundable tax credit is a credit that increases the size of your tax refund meaning more money in your pocket. Two of the biggest refundable credits are the Child Tax Credit and the Earned Income Credit. Even if you did not earn a lot of money this year, these refundable tax credits can help support you and give your family the cash you need to pay for your expenses.
A nonrefundable credit is a tax credit that reduces the amount of taxes you owe. If you do not owe any money it does not directly benefit you. If you would have owed taxes but they were covered by your withholdings from your job, a nonrefundable credit may allow you to get that money back. These credits also make sure that your refundable tax credits like the Child Tax Credit and Earned Income Credits are not used to pay for your taxes but are fully sent back to you as a refund.
First you should check with the IRS at “Where’s my Refund” (https://www.irs.gov/refunds). You will need some information off of your tax return: 1) The tax year you are inquiring about (if it is last year’s tax return it is 2021); 2) Your social security number; 3) your filing status; and 4) the refund amount as shown on your return (this is on line 35a of your Form 1040)
Typically the IRS will share information about the status of your return, if the refund was sent or if it is still being processed. If the IRS has your return and you have not received your refund you can contact them for a further update.
If the IRS does not have a record of your return, it is important to reach out to your tax preparer or login to your tax software to make sure that your return was submitted.
If you had to mail your tax return in (a paper copy), the IRS may still be processing your tax return. Due to the pandemic, the IRS is still catching up with all the returns that were mailed in. Call to make sure that the IRS received your return because they should at least have a record of your return being received. This IRS number for individuals is 800-829-1040