Monday, February 27, 2012

Four Easy Ways to e-File Your Taxes

From the Blog:

Four Easy Ways to e-File Your Taxes:
Last year, nearly 100 million taxpayers e-filed their federal income taxes with the Internal Revenue Service (IRS). It’s the safest, fastest, and easiest way to submit your tax return.

If you e-file, you can expect to get your refund in half the time. If you owe money, you have more payment options.

There are four ways to e-file your federal income taxes:

  • Free File - if your income was $57,000 or less, you can use Free File for free tax preparation and e-filing.
  • Free File Fillable Forms - regardless of income, you can use online Fillable Forms. Fillable Forms are an electronic version of the IRS paper forms. This is a good option if you are comfortable preparing your own tax return, but want the advantages of fast, secure, and free e-filing.
  • Commercial Tax Software - you can buy your own tax preparation software, prepare your own return, and press send to e-file.
  • Tax Preparer - Find a tax professional you trust to prepare and e-file your return. Nearly all tax preparers use e-file now and many are now required by law to e-file.
Learn more about e-filing your taxes, and how to pick the method best for you.