| Topic: |
Politics > Politics-USA |
| User: |
"john" |
| Date: |
25 Feb 2007 12:35:46 PM |
| Object: |
eFiling or paper-filing which is better way to file your tax returns??? |
Submitting your tax return by e-file or mailing it on paper are the
only two ways to send your tax return to the IRS. E-file is faster,
safer, and generally more convenient than paper filing. Filing on
paper is generally cheaper, but refunds take longer.
http://panbiz.org/offers/tax.php is providing the facility of
efiling your tax returns for free up to 3/17/2007. This is fairly a
good chance to make use of efiling facility for free.
E-file benefits
Electronically submitting your tax return to the IRS is faster, more
convenient, and more secure than paper filing. But in order to e-file
your return you have to have your taxes done by a tax preparer,
prepare them yourself using tax software, or use services of any of
the "Free File" IRS authorized agencies like ...
http://panbiz.org/offers/tax.php
Confirmation from the IRS
The biggest benefit for electronic filing: you will receive a
confirmation that the IRS has received your tax return. This is proof
that the IRS received your tax return and has started processing it.
If the IRS does not accept your tax return, you will get a rejection
notice. The confirmation or rejection notice is sent within 24 hours
of transmitting your return. The IRS e-file rejection letter will tell
you how to fix your tax return so it will be acceptable to the IRS.
Faster and More Accurate
E-filing has some added benefits too. Your refund is likely to be
processed faster. E-filing means the IRS does not have to re-type your
tax return at their service center, which means less chance that the
IRS will make a mistake when processing your return.
E-file limitations
Electronically is not for everyone, though. You must file on paper if
you are--
* Married, but filing a separate return, and you live in a
community property state,
* Claiming a dependent who has already been claimed by someone
else,
* Submitting a tax form that cannot be electronically filed (such
as a multiple support agreement),
* Filing before e-file begins (January 15) or after e-file ends
(October 15).
Paper Filing
Filing on paper is the best option for you if you have a fairly simple
tax return, or if you are not eligible for e-filing. Because the IRS
re-types every paper return it receives, you should seriously consider
e-filing if you have a more complex tax return.
Quick Tips for Paper Filing
* Make sure your name and Social Security Number are on Every
Page, both front and back.
* Double check your address. This is the address where the IRS
will send your refund and any notices. If you will be moving, consider
using a PO Box or other permanent address.
* Double check the math. Math errors are the number one reason why
the IRS changes a tax return.
* Mail your return to the right Service Center.
* Get an automatic extension if you are mailing your return close
to April 15th. This will prevent penalties just in case the mail is
late.
* Send your tax payment with your tax return. If you are mailing
the return close to April 15th, make your tax payment by web pay,
credit card, or mailing a check with the automatic extension form.
Make sure your payment gets to the IRS by April 15th to avoid any late
payment penalties.
Courtesy: http://panbiz.org/offers/tax.php for providing eFiling
facility to file your taxes online for free. File your taxes online at
http://panbiz.org/offers/tax.php in just 30 minutes and get your
refunds within 48 hours. No upfront cost and no box to buy and no
software to use. Its simple, fast and secured.
.
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| User: "Frithiof Andreas Jensen" |
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| Title: Re: eFiling or paper-filing which is better way to file your tax returns??? |
26 Feb 2007 05:09:40 AM |
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"john" <serenemoon@gmail.com> wrote in message
news:1172428546.426882.75980@j27g2000cwj.googlegroups.com...
Submitting your tax return by e-file or mailing it on paper are the
only two ways to send your tax return to the IRS. E-file is faster,
safer, and generally more convenient than paper filing. Filing on
paper is generally cheaper, but refunds take longer.
I will file whichever way is the most inconvenient for the IRS!
.
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| User: "Charlie Perrin" |
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| Title: Re: eFiling or paper-filing which is better way to file your tax returns??? |
25 Feb 2007 02:44:48 PM |
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On 25 Feb 2007 10:35:46 -0800, "john" wrote:
Make sure your payment gets to the IRS by April 15th to avoid any late
payment penalties.
IRS goes off of USPS postmark date (unlike virtually all other
creditors). So, if it's postmarked by the 15th, it's timely.
Also, this year, because the 15th falls on a Sunday, you get an extra
day.
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| User: "ynotssor" |
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| Title: Re: eFiling or paper-filing which is better way to file your tax returns??? |
25 Feb 2007 03:20:01 PM |
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In news:22t3u2l600cq520bk5c3513r1eacd1jb8c@4ax.com,
Charlie Perrin <nikverse@sbcglobal.net.NOSPAM> wrote:
IRS goes off of USPS postmark date (unlike virtually all other
creditors). So, if it's postmarked by the 15th, it's timely.
Also, this year, because the 15th falls on a Sunday, you get an extra
day.
Because April 16 "Emancipation Day" is a legal holiday in the District of
Columbia, the postmark deadline is 17 April this year:
http://www.irs.gov/newsroom/article/0,,id=167195,00.html
.
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