Federal Income Tax Online
Filing federal income tax online is a very convenient and a fast
way to wrap up your necessary chore each year. This is really a good
thing for the taxpayer. No more running to the post office, making sure
you have the correct amount of postage on the overstuffed envelope, and
being sure that you get your letter registered for proof of delivery.
There are several advantages to filing online:
well known tax software packages incorporate the online filing of your
federal income tax into the software, usually at no additional cost.
- If you are receiving a refund from Uncle Sam,
you will receive it much faster than if you send your return by mail.
receive a confirmation email that the IRS has received your tax return
at no additional charge. Compare this to the cost of registered mail.
- There is no copying of papers, it's all
you prepare your own taxes using Turbo tax, H&R block software,
some other software, these will usually have the option of filing
federal income tax online to the IRS. Any cost to send your return
should be part of the price you paid for the software.
have your return done by a tax preparer, she may charge you an
additional fee to file electronically. The amount you pay should be
What happens when you file your return is that it is
sent to the IRS and an agent will review your return for completeness,
just like your paper return. If everything is ok, he will put into
motion the refund or payment.
This doesn't mean that your return
is perfect and the IRS agrees 100% about what you have in it. The
return will more than likely be reviewed later in more detail.
I've had the IRS contact me three years after I filed my return for
clarification on an item. This is not unique to filing electronically
though, it is the same for paper returns as well.
If you have to
file a State income tax return, you will more than likely have to pay
to do this. At this time the more popular tax software packages are
charging a fee to file to the State. I think that paying $19.95 is
excessive and I mail my state return.
Whether you are filing
federal income tax online or by mail here is a tip to get your
refund much quicker. On the federal income tax form there is a place to
enter your checkbook account number and routing number. Put in on
there, but be very careful what you enter is accurate. You don't want
your return going to someone else's bank account. This really speeds up
the refund process!