Tax Deadlines 2023: What Seniors Need to Know
Skip main navigation
Serving The Kenai Peninsula and surrounding areas.
Type Size
Serving The Kenai Peninsula and surrounding areas.
Past main navigation Contact Us

Tax Deadlines 2023: What Seniors Need to Know

Welcome to our quick guide to Tax Deadlines 2023, specifically tailored for seniors who may be feeling a bit overwhelmed about the upcoming tax season. Ready to get your taxes organized and filed on time? Let's get started!

Tax Deadlines for Seniors

It's important to be aware of the critical tax deadlines that every senior should know. Here are some key dates to keep in mind:

  • Deadlines for receiving tax documents: 
  • W-2 forms: January 31, 2023
  • 1099 forms: January 31, 2023
  • Personal income tax filing deadline: April 17, 2023 
  • Deadline for requesting an extension: April 17, 2023
  • Deadline for contributing to an IRA or Health Savings Account (HSA) for the 2022 tax year: April 17, 2023

Making Tax Filing Easier for Seniors

Filing taxes can be a headache, but there are ways to make the process more manageable for seniors. Here are a few suggestions to consider:

1. Use Free Assistance Programs

The Volunteer Income Tax Assistance (VITA) program offers free tax help for seniors, as well as low- to moderate-income individuals. Check with your local community center for details.

Another resource is the Tax Counseling for the Elderly (TCE) program, which provides free tax assistance specifically for seniors aged 60 and older. This program is often found at local senior centers and other community locations.

2. Consult with a Qualified Accountant or Tax Advisor

A tax professional can help you maximize deductions, avoid penalties, and ensure accuracy in your filing. Be sure to choose a professional who has experience working with seniors and can understand your unique needs.

3. Use Tax Preparation Software

There are many user-friendly software available that cater specifically to seniors, providing step-by-step guidance throughout the filing process. Tax software can save you time and reduce the potential for errors, as it automatically calculates figures and checks for mistakes.

Tips for Keeping Track of Tax-related Materials

Staying organized throughout the year can save you time, frustration, and money when it's time to file your taxes. Here are some helpful tips:

1. Organize and Store Important Documents

Create a designated folder or filing system for tax-related documents to easily locate them during tax season. Store these documents in a safe and easily accessible location, such as a fireproof safe or a secure digital storage solution.

2. Keep a Tax Calendar

Mark essential deadlines and dates on a physical or digital calendar and place it in a prominent location as a visual reminder. Set automated reminders for upcoming deadlines to help avoid last-minute stress and potential penalties for late filing.

3. Keep Track of Deductible Expenses Throughout the Year

Save receipts and records for medical expenses, charitable contributions, and other deductible expenses to ensure accuracy when claiming deductions. Use a spreadsheet or financial software to track your expenses, making it easier to access and review the information when it's time to file.

We Can Help! 

We're not tax professionals, but in addition to our many in-home care services, we're great at helping seniors stay organized and on top of important events and deadlines. For seniors living in Soldotna, Anchor Point, Anchorage, Homer, Kenai Peninsula, Kasilof, Kenai, Moose Pass, Ninilchik, and Seldovia, Senior Helpers of the Kenai Peninsula is here to help with all your needs. Contact us today to learn more about how we can help enhance your independence and well-being or that of a loved one.