The process of submitting your tax forms over the Internet, using computers and tax preparation software.
Investopedia Says:
Electronic filing dramatically reduces the time it takes to get your tax refund.
| Investment Dictionary: Electronic Filing - e-File |
The process of submitting your tax forms over the Internet, using computers and tax preparation software.
Investopedia Says:
Electronic filing dramatically reduces the time it takes to get your tax refund.
| 5min Related Video: Electronic Filing - e-File |
| Business Dictionary: Electronic Filing |
System whereby tax returns are transmitted electronically to the IRS by a transmitter, and tapes are created in the receiving station and loaded into the EFS computer system. Especially suitable for taxpayers expecting a tax refund.
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