Online Tax Return and Free Online Tax Filing
Taxpayers have two easy and convenient options for getting copies of
their federal tax return information "” tax return transcripts and tax
account transcripts "” by phone or by mail.
A tax return transcript shows most line items from the tax return
(Form 1040, 1040A or 1040EZ) as it was originally filed, including any
accompanying forms and schedules. It does not reflect any changes you,
your representative or the IRS made after the return was filed. In many
cases, a return transcript will meet the requirements of lending
institutions such as those offering mortgages and student loans.
A tax account transcript shows any later adjustments either you or
the IRS made after the tax return was filed. This transcript shows
basic data, including marital status, type of return filed, adjusted
gross income and taxable income.
Request either transcript by calling 1-800-829-1040, or order by
mail using IRS Form 4506-T, Request for Transcript of Tax Return. The
IRS does not charge a fee for transcripts, which are available for the
current and three prior calendar years. Allow two weeks for delivery.
If you need a photocopy of a previously processed tax return and
attachments, complete Form 4506, Request for Copy of Tax Form, and mail
it to the IRS address listed on the form for your area. There is a fee
of $39 for each tax period requested. Copies are generally available
for the current and past 6 years.
It's time to get started on your Federal income tax return, and get
your tax refund on its way into your bank account. You would be
surprised at how fast you can get your refund by doing your Federal
income tax filing online. Filing online is the easiest and fastest way
to prepare and file your taxes.
Electronic income tax filing is a fast, accurate and convenient way
to file your tax return with the IRS over the internet. Over 70 million
taxpayers are expected to file their Federal income tax online this
year. From tax calculators, to all the forms you're likely to need, tax
filing online has it all.
Here are a few Federal income tax filing tips:
1. Look for a tax filing website that offers a free trial of their
services so that you can see if their program is right for you.
2. Look for a tax filing website that has tax information and help
you can access, if you have questions about a particular deduction or
credit.
3. Look for a tax filing website that has an easy to follow interview system for obtaining your information.
4. If you have a tax refund due, be sure to have the funds direct
deposited into your bank account. You can usually have your money in 10
to 16 days from the time you file
Whether you are filing a 1040ez or a more complex tax form, most
online tax filing programs will be able to handle all of your needs.
Whatever the case, I'm sure you'll find that Federal income tax filing
online is the best way to do your taxes. Happy Filing!
