If you are looking for the fastest way to file your taxes this year, you should consider filing your taxes electronically. Getting your taxes done and over with faster is not the only benefit you are going to see from using this method.
Make No MistakeThere are going to be no mistakes with the math when you e-file your taxes. This is because there is a computer that is doing all the math for you. The easiest way to get audited is to make sure that you don't do your math correctly, or take a deduction twice by mistake. If there any mistakes the software manufacturer will often times have a policy that can help you out if you are audited.
File Both Federal And State At OnceThe great thing about e-filing is that you can do your federal return and then proceed to do your state return all in one sitting. If the program you are using to do your taxes is really intuitive it will simply put any redundant information and transfer it from your federal return. This means that you can do your taxes in a few minutes in one sitting without having to worry about paperwork and worrying about filling out the right forms.
Get Your Refund FasterThe best reason to do your taxes electronically is that you are going to get your refund much faster. Expect to get your money in about 7-8 days assuming that you have all your bank information correct and the IRS accepts your return. When you file by mail it can take as many as 2-3 weeks to get your refund check.
If you are looking for a cheap and easy way to file your taxes this year, it might be wise to look into filing electronically. It is free if you are filing a simple federal return for most services.
January 17th, IRS begins to accept efile taxes.
Efile as Early as Jan 16th.
Traditionally when filling your taxes you must fill out the paperwork and send it in, in a envelopes. With the new Efile method you can file your taxes on the internet, which allows you to file them without having to send them in a envelope.
Of course you can file your federal taxes online. Look up how to do it at www.irs.gov/efile/. Give yourself plenty of time though and don't assume that you can wait until the last minute to efile.
Go to the IRS website and you can file for free
There are many great online tax services that have an efile feature. The best and easiest websites are H&R Block and another which I have used, www.turbotax.com
To sign up for a class to learn how to file taxes, visit http://www.thetaxcollege.com/ There are also numerous sites that can help you too. Try http://www.irs.gov/efile/ or http://www.irs.gov/efile/article/0,,id=118986,00.html.
Places like Jackson Hewitt will efile your taxes for free, but it they have to figure up your taxes, it can cost as little as $35 or $45 for the simple 1040EZ
Filing your taxes is something that everyone must due once a year. With this be a requirement more and more people are now turning to the Efile method of filing your taxes. Making the Efile the number one used way to file.
To some it may be easy to file efile income tax but for others it may be difficult and complex. This question highly depends on the person's familiarity of filing taxes.
An E file tax extension is where a filer requests for extra time to file their taxes through the internet. The way to do so can be found at http://www.irs.gov/efile/article/0,,id=206000,00.html.
Yes, you can file your federal taxes for free. Here's a link to a website that will guide you through how to file your taxes for free. http://www.irs.gov/efile/article/0,,id=118986,00.html