It definitely pays to file your taxes early, and according to the IRS about 14 million tax returns had been filed by the end of January, with just over 90 percent of thee filed electronically. These six reasons may help to convince you it’s a good idea to file early using free TurboTax online:
The average refund last year was about $2,800 and almost 75 percent of tax filers received a refund and of course a tax refund can be used for whatever you need it for.
Filing taxes with TurboTax early means that the IRS can send your information to FAFSA in plenty of time and this means that you can potentially receive financial aid for college, depending on your income.
Free TurboTax online is accurate and quick to use, and of course it is guaranteed to give you the most refund and to save you money. Standing in line at your local tax preparation office is a thing of the past with TurboTax and the system’s simple to answer questions will allow the program to search through over 350 credits and tax deductions.
If you file electronically with direct deposit, the IRS expects to issue 90 percent of tax refunds within 21 days, meaning that you can get that much needed tax refund as quickly as possible. You can save up to a couple of months of interest just by paying off debts such as credit cards sooner rather than later.
Many tax procrastinators make simple mistakes on their ta return such as putting down the wrong social security number or not signing their tax return. It is also very easy to rush through your ta return if you are trying to do it at the last possible minute, and filing your tax return ahead of time can avoid these errors and make sure that you take the time to do everything thoroughly and accurately.
TurboTax really can save you time and money and get you the biggest possible tax return as quickly as possible. Using free TurboTax online allows you to have more of your money to spend and to file your return completely and accurately.
Some Useful Tax Software Programs to File your Taxes Easily and Quickly
If you want to file an income tax return and are wondering how to do your own taxes online then you can opt for e-tax filing which is a simple and easy way to file your taxes. With the convenience and comfort of your home, you can file IRS tax forms. Online tax preparation services bring ease and convenience to the people. Users do not need any prior experience of filing returns and they can complete income tax returns easily and quickly with the help of a tax software program.
Turbo Tax: It is one of the most preferred e-tax filing software programs which is recommended for newbies, small business owners, heavy investors and multi-income filers. If you are a newbie and do not know how to do your taxes online then this software will be best suited for you. Here are some features of Turbo Tax software.
Clean and intuitive interface. Logical flow of processes. Easy to comprehend learning resources for the beginners. Offers high-level of autonomy. Audit risk meter Latest military edition for Army officials
H And R Block: It is an elite piece of software to file your taxes online. It has logical workflows and that will simplify the process of tax filing. The software is recommended for heavy investors and newbies. Here are its features.
Section overviews containing useful information. Several pages having embedded links. Bookmarking system is well integrated. In-person and round the clock support. Latest print returns features. Useful form finding tool.
TaxACT: This e-filing software is recommended for college students, deal seekers and DIY filers. Following are some of the important features of TaxACT:
Import tax from the previous year feature. Lowest price. Stock assistance tools for entering stock information manually. Best quality and comprehensive learning resources. Mini-alerts.
TaxSlayer: It is a well designed and one among the best e-filing tax software. Given below are its important features.
Life events guide. Previous year comparison. Gives you choice to handle processes on the major sections like income tax deductions. Movement between sections for convenience of the users.
So, stop running from pillar to post when you need to file your taxes and stop wondering how to do your own taxes online as you can easily do it with the help of several user-friendly e-filing software. By using this software you can file your tax returns quickly and easily even if you are a newbie and filing your tax for the first time.