E-Filing is Simple, Fast, Secure and FREE

February 6, 2009

Taxpayers who use e-file and who choose direct deposit can receive their refund in as few as 8 days. That’s because with e-file, there’s no paper return going to the IRS.

turbotaxc2ae-tax-software-file-taxes-online-income-tax-returns_1233960981475IRS e-file allows taxpayers to file their returns now and pay later if they owe taxes. It allows taxpayers to file both federal and most state returns at the same time.

Taxpayers may use IRS e-file through their tax preparers, or with a computer using tax preparation software. This software is available on the Internet for online use or for download. Many retail stores sell the software for offline use. The IRS does not charge taxpayers to e-file their completed returns, but some tax preparers and software manufactures may charge a fee. However, this year a number of large software companies are waiving this additional fee.

To get all the benefits of electronic filing, taxpayers must make sure that when they are done with their returns, they take the final step of e-filing them. Taxpayers who use a paid preparer should make sure their preparers are taking this final step, too. In addition to error checks contained in the return-preparation software, additional checks are done during the e-file transmission process. That’s why the error rate is so low for e-filed returns. In fact, the error rate is significantly reduced from 20 percent with paper returns to about 1 percent with e-filed returns.

e-Filing Benefits

This year (2009) is the best year to file your taxes electronically. Here are a few benefits using E-file rather than filing a paper return:

  1. It is simple. You can file your state tax return at the same time you are filing your federal tax return.
  2. It is fast. You don’t even have to leave your chair to go to post office. Just few clicks of a mouse and you are done. No stamps, no long post office lines.
  3. You have more payment options. You can even file your taxes early and pay any balance due by April deadline without incurring penalties or interest.
  4. You will know that IRS has received your return. IRS will issue you a receipt of your tax return.
  5. You will get your refund in as few as 8 days.
  6. It is accurate. Less human errors as software perform checks and verify calculations. E-file checks for many errors and required information which might be missing otherwise.
  7. You can E-File at any time of the day, 24/7!

Tags:

Powered by Computer 2000

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: