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All Posts Term: Tax Filing
2 post(s) found
General Business

Electronic e-File My Forms with the IRS

efile my forms

Electronic filing has made the submission of tax returns to the IRS very secure and accurate. And in case you’re wondering, how do I e-file my forms? Wonder no more. The IRS has four options to do that and you can choose one most suitable for you.


1.IRS Free-File Fill-able Forms
The Free File option basically caters to individuals who earn an adjusted gross annual income of $66,000 and below. The software used is called the tax-preparation-and-filing software, and it’s free. This option also offers free state return options.

The Fill-able Forms option is for those individuals whose annual adjusted gross income is higher than $66,000. To ably use this option, you must have a clear understanding on how to compute your own taxes. The software helps you with the math but its basic math. You also need to have your 2017 returns on hand to complete the process. This option does not have free state return option.

General Business

TurboTax Makes Controversial Changes

TurboTaxDeluxe

TurboTax Deluxe has changed radically for this filing year, says MousePrint, in a warning piece about the popular tax prep computer program. MousePrint says that the usual interview parts of TurboTax which had, in the past, answered questions regarding Schedules C, D and E are not included in the package but need a costly bump-up to "Premier" editions and others. Schedule C refers to self-employment, Schedule D to investments and Schedule E to rentals and income from partnerships.

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 Patrick Stevens
 554  246492  11/15/2024

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