MOUNTAINSIDE – IRS e-file, the popular electronic tax return preparation and delivery service used by nearly 2.9 million New Jersey filers last tax season is now available for this tax season.
“The IRS encourages taxpayers to take advantage of IRS e-file,” said IRS Spokesperson Gregg Semanick. “IRS e-file is safe, secure, fast and easy.”
The IRS offers various electronic filing options for taxpayers to consider.
The IRS offers an electronic Free File program for filers with an income of $58,000 or less. Traditional paper filers may consider the Free File Fillable Forms program available to all filers. Free filing options are only available on the IRS website at www.irs.gov.
Taxpayers can also use the IRS e-file program at nominal of low cost.
People looking for a tax preparer who files electronically can find this information by clicking the IRS e-file logo on the IRS website home page at www.irs.gov .
The benefits of electronic filing include:
- Faster refunds: Using electronic filing along with direct deposit into a bank account can speed refunds to e-filers in as few as ten days.
- More accurate returns: IRS computers quickly and automatically check for errors or other missing information, making e-filed returns more accurate and reducing the chance of getting an error letter from the IRS. It eliminates most common errors, such as math errors. The error rate with paper returns is about 20 percent compared to about 1 percent with e-filed returns. An error on a tax return can delay the issuance of a tax refund.
- Quick receipt acknowledgement: Computer e-filers receive an acknowledgment that the IRS has received their returns. Paper filers do not receive any acknowledgement. Also, if the IRS rejects an e-filed return, it will provide more specific explanations of the errors that caused the rejection. This will enable taxpayers to make corrections and quickly resubmit their returns.
- Safe & Secure: Over the last 21 years nearly 900 million individual tax returns have been e-filed nationwide without a breach of security. Tax return information is protected through encryption
- For those who owe, e-file is still the best option: People can file now and pay later, as long as the payment is received by April 18, the tax filing due date this year. Taxpayers can set the date for an automatic withdrawal from their financial accounts.
For more information on IRS e-file and Free File go to the IRS web site, at www.irs.gov.
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