E-file Your Tax Return

16 Jan

In my last video I talked about using VITA service to file your taxes for free. If you don’t qualify for Vita program and your income is $57,000 or less, you can take advantage of free tax preparation software and free e-filing.

It’s available only through IRS website. You can choose from 15 different companies offering free tax software including TurboTax or H&R Block. Most of these companies also prepare free state tax returns.

The free software is available starting this Tuesday so you can file your tax return as early as tomorrow.
If you made over $57,000 and are comfortable preparing your tax return you can use online forms and take advantage of secure and free e-filing.

Why should you e-file?

Here are some reasons:

  • Accuracy – using tax software can significantly reduce errors and the chance of getting a notice from the IRS. If there is a mistake on your return, the IRS can detect it and notify you in as few as 48 hours so that you can quickly fix the problem.
  • Security – e-file is the highly secure way to transmit your federal tax return to the IRS. It uses the latest encryption standards to safely and securely protect your personal data.
  •  Faster preparation – you can prepare your tax return much faster using a computer; also you don’t have to go to the post office to mail your return.
  • Fast Refunds – You get your refund in half the time, even faster with Direct Deposit. It can take as few as 8-15 days to have your refund deposited directly to your account.
  • Proof of Acceptance – You receive an electronic confirmation within 48 hours that the IRS has accepted your return for processing

Electronic filing is a fast, convenient, and accurate way to file your taxes so take advantage of this free service and enjoy your refund quicker.

For more information visit:  http://www.freefile.irs.gov

Image credits:1, 2, 3, 4,5,6

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