According to the IRS, 90 million people filed their taxes electronically in 2008. There are many advantages to e-filing your taxes – it’s easier, it reduces the risk of error and you’ll receive your refund faster (especially if you use direct deposit to receive your refund electronically). According to the IRS, e-filing is “virtually error-proof with an error rate of less than one percent.” There are three ways to e-file:
Go to a Tax Professional
See an authorized e-file provider who can electronically file e-files your taxes for you, usually at a fee. Fees may vary depending on the tax professional you choose and the specific services requested.
Do it Yourself on your Computer
Free File (IRS)
If you made less than $56,000 in 2008, you can e-file your taxes directly with the IRS through their Free File program. It offers:
- Free service
- Services in English / Spanish
- Automatic accuracy checks
- Quick refunds (sometimes less than 10 days)
Note: Free File only works with your Federal taxes – you still need to file your state taxes.