Filing your taxes can be intimidating. From the various forms to keep track of to the possibility of having a bill at the end of it all, it's common to feel uneasy when tax season approaches.
As a Johns Hopkins University employee, you have access to a range of resources to support your financial well-being and help you prepare for tax season. JHU partners with Marsh McLennan Agency, an independent investment adviser whose digital platform, Prosper Wise, is a one-stop hub for all things regarding finances.
Here is a sampling of helpful tax-related resources and information from MMA Prosperwise.
An overview to get you started
If you're not sure where to begin with filing your taxes, this MMA article explains how to get started. In an online course titled Filing Your Taxes, MMA demystifies the tax-filing process and creates a personalized action plan so that you can feel confident as you prepare your 2024 federal return.
Key forms and financial information you'll need to prepare your taxes
Filing your tax return requires you to collect key forms and financial information beforehand, and knowing which forms you can expect to receive from third parties can help you prepare. Some forms are provided by financial institutions, employers, and other businesses; other financial information may already be in your possession. Go here to see what you might need.
Preparing your taxes
Once you've collected all your forms and required information, you'll be ready to file—but should you hire a tax preparer or file yourself? Here are tips to help you choose a tax preparer. If you choose to file using an online service, see where you can save on tax preparation through one of JHU's employee discount programs, LifeMart or Perks at Work. More information about accessing discounts can be found here.
Want to learn more?
Explore Prosper Wise to discover more resources for taxes and finances. You also can schedule an appointment with a financial professional from MMA to discuss any issues that are specific to your individual needs.
For questions about MMA services, or for help registering, email benefits@jhu.edu.
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