It's tax time. Did you know that it's easier to eFile as all you have to do is answer questions and all your forms will be automatically filled out for you. By eFiling, you do not need to fill out the tax forms yourself, the company through which you are eFiling will usually ask all the right questions so that they do not miss any deductions or credits for you, you get your refund faster, and there is a 70% chance it's free for you.
IRS eFile
Click on the link above to take you directly to the IRS eFiling site. If you have AGI of $58,000 or less, you may eFile with the IRS for free. Personally, I like Turbo Tax as they are user friendly and I have used them for years. However, Turbo tax will only allow you to eFile for free if you use their Basic Edition. I receive a 1099s as well as a W-2 and, apparently, the tax return is no longer basic. If you like filling out the forms yourself, you could also use the Free File Fillable Forms, link available at the above IRS site. This way, you also do not need to enter all your information and be told in the end that you do not qualify because you have too many forms.
Personally, I like to use Turbo Tax first to see what they can come up with and then, I don't mind filling the forms out myself.
No comments:
Post a Comment