About Internal Revenue Service
The Internal Revenue Service or the IRS in short is a government agency that is responsible for the collection of income taxes and enforcement of any laws related to taxes in the United States. This department was introduced by the then President of the United States, Abraham Lincoln in the year 1862 and has been in existence ever since.
The U.S Department of Treasury operates this government agency. And, its primary focus is collecting individual income taxes and employment taxes. The IRS agency also handles other additional taxes like, corporate, gift, excise, motor vehicle, and property tax.
In today’s time, all things are turning digital. When it comes to taxes on individuals, they can now use the individual income tax electronic filing process to file their taxes. In fact, as per sources, it is said that the number of E-File Income Tax Return in the US has increased significantly over the past few years. And, it may only continue to grow as this option is highly convenient for the majority of the population.
Tips on how to E-File Income Tax Return!
There are four important tips and options on how to E-File Income Tax Returns:
Use Internal Revenue Service or the IRS Free File or Fillable Forms
The IRS Free File or Fillable forms helps taxpayers to file their income tax returns using electronic options device and filing software. IRS Free File is actually a partnership between the IRS and other private and commercial software companies that are on a mission to provide preparation and filing of taxes for free.
The IRS Free File provides you with a guide on how to prepare and e file your income tax return using Free File Fillable forms or at a partner company’s website. This is super safe, easy, and convenient with no cost for returns. Individuals can access and receive their income tax returns by selecting an IRS Free File provider from the website. You can then create an account at the official website of the IRS Free File provider to E-file your income tax returns.
Guided Tax Preparation
It is a type of service where individuals are taught how to prepare and file their income tax returns at any of the partner’s websites of IRS. The service is free; and, taxpayers whose AGI is less than $73,000 are eligible to avail of a free income tax return.
Free File Fillable Forms
They are electronic income tax return forms where taxpayers with income greater than $73,000 can avail of this service for free.
Use a Free Tax Return Preparation Site
The Volunteer Income Tax Assistance VITA and Tax Counseling for the Elderly TCE are two important programs at IRS. They offer free services on how to prepare and file income taxes to eligible candidates who qualify to receive this offer.
The Volunteer Income Tax Assistance or the VITA has been in existence for about 50 years now. And, it involves helping less fortunate taxpayers belonging to categories such as:
- The differently-abled people
- Taxpayers making less than $58,000
- People with limited English speaking skills.
On the other hand, Tax Counseling for the Elderly or the TCE program is just as the name suggests. It is a service that focuses primarily on elderly citizens over 60 years and above. They help them with any questions related to preparing and filing their taxes electronically.
Use of Commercial Software
Taxpayers can even make use of commercial software tools to E-File option for their income tax return. The steps to do this, are listed below:
Prepare your Taxes
The first step is to collect all filing information of your taxes. Then, search for a commercial tax software tool to begin the process. You can then electronically sign your E-File Income Tax Returns.
Filing Your Taxes
After you have prepared your taxes, you can file for your return. This will be transmitted securely through an electronic channel approved by the Internal Revenue Service agency. The system will automatically check for any mistakes of your returns. And, if and when such errors occurs, it will send back to you for further corrections to be made.
Paying Your Taxes
The convenient thing about filing your taxes electronically is that you can file them anytime when you are ready. And, you can schedule the date when payment options should be made.
Taxpayers should be pleased to know that, your taxes can be paid securely even on an electronic basis. You may pay them from your mobile devices using your debit or credit cards. Or, you can even email a money check or money order to the Treasury Department of the United States.
Refund Policy
When you E-File your Income Tax Return at IRS and it changes your mind about their service; then, you can always cancel. And, the amount paid will be refunded to you.
To do this, visit the website of IRS and search for the refund option. You can then enter your SSN or Individual Taxpayer Identification Number. Then, you’ll know the status of your E-File Income Tax Returns and the exact amount of dollars of your refund.
E-file Your taxes the Fastest and Easiest Way Here!
Find an Authorized E-File Provider
Taxpayers should find an authorized E-File provider to start preparing and filing the taxes electronically. There are many authorized listings of companies providing E-File services in the country. And as such, you should find one that will be most convenient for you.
To search for the ideal E-File provider for you, the first thing you need to do is, start searching for one. You may start by providing your ZIP Code or name of the State. This will help you by filtering and sorting the provider companies on the basis of their ZIP code and state. Hence, making it easier for you to find an E-File provider nearby you.
An advantage here is that the information of each E-File Provider comes up quickly. This is because all of their important details are already stored in the database of records. When choosing a provider company, taxpayers should verify their authentic credentials before making any decisions to avoid further complications in the future
