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Irs E Filing

Written by Kathleen Gagne
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Choose IRS E Filing This Year

If you've never used IRS E filing, you've been spending way too much time on your taxes, and, worse, you've been waiting way too long for your refund. I've been doing my taxes online for three years, and I love how it works and how little it costs. Frankly, I can't imagine ever going back to the "paper route" again.

The process is actually very simple. It starts with you gathering your tax information for the preceding year. One way to make sure that you have everything you need at tax time is to begin organizing in January. For example, keep all of your medical receipts, charitable donations, and other deductible expenditures in separate boxes or envelopes. That way, you will be able to access them quickly when you need them. It's also a good idea to have a separate envelope for your W2 forms and any bank or mortgage interest forms you receive.

The IRS E Filing Process

Once you have all of your tax information in front of you (sorted, of course), all you have to do it sit at your computer and follow instructions. What might have taken days will likely take you just hours. First, you must find a good online tax filing website. Look for a site that can handle both your federal and state tax forms if necessary. Compare rates, and look at accuracy and completeness guarantees.

Let's look at some of the advantages to doing your taxes online. One thing that might surprise you is that you will be walked through the process with a series of questions designed to insure that your return will be complete and accurate. You will even find that the questions may point you to deductions that you weren't aware you could take. Once you've completed the questions, your return will be checked, and you will be asked whether you want to finish your online filing or would prefer a paper copy. At that point, you will be ready to pay for the service. If you E file and use direct deposit options, you should receive your refund in just a few days.


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