Online Income Tax Filing Free
Question: What are the disadvantages of filing a free file to prepare your taxes?
If your adjusted gross income was $54,000 or less in 2007, you can use Free File to prepare and e-file your taxes online.
My question is what are the disadvantages of using free file as compared to the standard 1040 forms or the standard e-file?
http://www.irs.gov/efile/article/0,,id=118986,00.html
Answer: Paper forms use up paper, add clutter, do not calculate automatically (math errors), or could be misread for data entry. I do my taxes on PDF fill out forms first to make sure that any electronic method matches.
When you e-file, the only potential errors are “your” data entry, calculations are automatic, and there is minimal paperwork handling at the IRS end (just any non-electronic payments/refunds).
As far as free e-file or pay e-file there is no difference in the data or speed. The only difference is whether there are optional features you want (additional reading material, archiving, etc.). There are sites you can free e-file regardless of income, but I paid them $9.95 to retain data for next year’s taxes.
State Taxes 2011 Online, 2011 Online State Tax Filing – Free Tax Calculator
Efile Taxes 2008
Question: Recovery rebate credit?
Last year I was claimed as dependent because of college, so I was not able to get the stimulus rebate. This year I’m out of college and 24 (too old to be claimed). When reading over everything on the IRS website I only find reasons I qualify for the $600. Even in the PRE efile form i filled out. Any reasons I may not qualify?
Also last year it was the 2008 stimulus (basically the same….) but was a credit in the form of a check (to use as you please). This year its the same 2008 stimulus, just applied to you 2008 taxes and it goes toward what you owe or the surplus $$$ in your normal refund? It benefits people who missed out last year or have circumstances that increase the refund this year? So I should not have to wait for separate check but it will come with my eFile Tax Refund?
Answer: Per the IRS website www.irs.gov: Frequently asked questions.(Yes you should qualify, and it will be issued with your refund, not a separate check)
Q. I was claimed as a dependent on my parents’ 2007 tax return, and was not eligible for the stimulus payment, but I lived on my own in 2008. Do I qualify for the rebate?A. That depends on whether you can be claimed as a dependent on your parents’ 2008 return. The rebate is based on circumstances that occurred in 2008, while the stimulus payment was based on the 2007 tax return filing information. You’ll have to use the tax booklet’s worksheet on claiming the recovery rebate credit to see if you’re eligible to claim it.
And also:
Q. When can I expect to receive my rebate?A. The rebate is part of your 2008 income tax refund. The amount you receive for the recovery rebate credit will be included as part of your refund, as shown on your tax return. Unlike the stimulus payment, it will not be issued as a separate check. You can check the status of your refund under Where’s My Refund?. Generally, you will receive your refund within 6–8 weeks after you file your return.
How to check your e-file status in TurboTax 2008 for Windows
Tax Filing Online
Question: Tips for online tax filing?
Usually tax filing has many complications. How to avoid such complication? Give me some tips to make online tax filing easy and to get online tax filing coupons.
Answer: Here are some of the tips to make online tax filing easy.
Prepare all your numbers in advance.
Do checks to make sure the figures are accurate.
Consult a qualified tax accountant.
Use online tax tools as filing aids.
e-File for tax incentives.
You can get online tax filing coupons on some shopping sites.
Perfios Online Income Tax Filing
File Tax Free Online
Question: Is there a place to File Taxes Online for free today?
I know I am late at filing but I got an extension. Is there a place I can go online for free and file? If so, where? Thanks.
Answer: Hi, Neo! The IRS “Free File” Alliance is a group of e-file providers that allows free e-filing in certain situations (usually there is an income limit, like $52k). Check the first link below for more information and a list of websites.
Some of the websites on the Free File list allow free e-filing of state returns, but many of them charge. However, many state tax websites allow free e-filing directly through them. Check the second link below to find your state’s tax authority website. Good luck!
How to File Your Taxes Online : Turbo Tax Questionnaire Tips
File 2005 Taxes
Question: Can you file 2006 taxes even if 2005 has not been filed yet?
I’m helping a friend get his taxes done and now he tells me 2005 was never filed. Can’t he go ahead and file 2006 so it won’t be late??
Answer: Yes he can file 2006 and then file for 2005. There is one of the great secret about the tax law. If you have a refund coming — as more than two-thirds of taxpayers do every year — then there is no penalty for failing to file your tax return by the deadline, even if you don’t ask for an extension. As noted below, the penalty for filing late is a percentage of the tax owed with the return. And, even 100 percent of $0 is $0.
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YORK — Mudslinging made a hasty appearance in the supervisor race with a complaint that District 3 candidate Bob Deramo only recently moved to Yorktown from Poquoson. He just announced a week ago.
Where can I late file my 2005 taxes?