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How to File Taxes for the First Time, Step-by-Step


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* Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. Federal tax payment files received from the IRS may be received up to 5 days early (based on data from the 2020 tax filing season). Chime makes no guarantee over when files are sent by the IRS and funds can be made available.

1 Information from IRS’s Publication 501: (2023), Dependents, Standard Deduction, and Filing Information as of November 2, 2023: https://www.irs.gov/pub/irs-dft/p501–dft.pdf

2 Information from IRS’s About Form 1099-MISC, Miscellaneous Information as of November 2, 2023: https://www.irs.gov/forms-pubs/about-form-1099-misc

3 Information from TurboTax’s Every Tax Deadline You Need To Know as of November 2, 2023: https://turbotax.intuit.com/tax-tips/tax-planning-and-checklists/important-tax-deadlines-dates/L7Rn92V1d

4 Information from IRS’s Tax Season Refund Frequently Asked Questions as of November 6, 2023: https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions

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