Adding a tax return in Iris 2.0 is an essential step in managing your tax filings. Whether you’re submitting a new return or updating an existing one, this guide will walk you through the process to ensure everything is correctly filed.
### **Step 1: Log In to Your Iris 2.0 Account**
Begin by logging into your Iris 2.0 account using your credentials. Ensure your account is active and fully set up.
### **Step 2: Navigate to the Tax Return Section**
Once logged in, locate the section dedicated to tax returns. This is often found under tabs like “Tax Filing,” “Returns,” or “Income Tax Return.”
### **Step 3: Select the Tax Year**
Choose the tax year for which you want to file or add a tax return. This will ensure that the return you are entering is associated with the correct fiscal period.
### **Step 4: Choose the Type of Tax Return**
1. **Select the Return Type**: Depending on your situation, you may need to select the type of tax return you are filing (e.g., individual, corporate, etc.).
2. **Start a New Return**: Click on the option to create or add a new tax return.
### **Step 5: Enter Income Details**
1. **Input Income Information**: Provide all relevant income details, including salary, business income, and other sources of income.
2. **Attach Supporting Documents**: Upload necessary documents such as salary slips, business income statements, and other proof of income.
### **Step 6: Enter Deductions and Exemptions**
1. **Add Deductions**: Enter any deductions you are eligible for, such as investments, insurance premiums, or other allowable deductions.
2. **Apply Exemptions**: Input any exemptions you are claiming under applicable tax laws.
### **Step 7: Review Your Entries**
Thoroughly review all the details you’ve entered. Ensure that all information is accurate and complete.
### **Step 8: Submit the Tax Return**
1. **Save Your Return**: Make sure all data is saved before submission.
2. **Submit**: Follow the prompts to submit your tax return. You may be asked to review a summary of your return before final submission.
### **Step 9: Confirm Submission**
After submitting, you should receive a confirmation message or reference number. Save this confirmation for your records.
### **Step 10: Track the Status**
1. **Monitor Status**: Check the status of your tax return regularly through your Iris 2.0 account.
2. **Respond to Any Queries**: If there are any issues or additional queries from the tax authorities, respond promptly.
### **Tips:**
- **Keep Documentation Handy**: Ensure you have all necessary documents and records available before starting the return process.
- **Seek Professional Advice**: If you’re unsure about any entries or require specific advice, consider consulting a tax professional.
By following these steps, you can efficiently add and submit your tax return in Iris 2.0, helping you stay compliant and organized with your tax obligations.