What are the benefits of electronic filing?
• More Accurate Filing – 99.5% of all electronically filed tax returns are filed accurately, compared to 82% of all mailed tax returns. This error discrepancy is due to two primary reasons, both overcome by e-filing: e-filed returns are corrected in advance of the IRS accepting them; and mailed returns are subject to manual data entry errors, by either tax preparers or IRS employees, that are not caught electronically before being mailed-to and accepted-by the IRS. Although some traditional preparers are reluctant to e-file because they are required to manage IRS acceptances and rejections, long-time e-filers have found the Acknowledgement process helps them serve their customers better and more effectively over time. They indicate the reduced error rate at the IRS Centers also reduced the number of issues identified by the IRS that are not sent back to taxpayers. This reduction of post-filing effort more than compensates for the time spent managing the rejections.
Electronic filing allows you to transmit your return quickly and securely to the IRS and Department of Revenue. You will receive an acknowledgment that your return was received. And, you will usually receive your refund more quickly than with a paper return generally in 7–12 business days from the date of your acknowledgment.
