Why efile?
Here are some reasons why electronic filing makes sense for most taxpayers: • Fewer mistakes Using tax software such as TurboTax substantially reduces errors. According to the IRS, more than 17 percent of income tax returns prepared on paper have mistakes, such as missing information or taxes calculated using the wrong tax tables; half of those errors cause folks to overpay their taxes. But less than 1 percent of returns prepared electronically contain errors. If there is a mistake on your return, the IRS can detect it and send back an error report in as few as 48 hours so that you can quickly fix the problem. • Speedier preparation You can get the job done a lot faster if you tackle it with your computer. Filing from your computer saves you the trip to the post office, too. • Faster refunds If you send in your return by mail, you can expect to wait up to six weeks for your refund. But last year, folks who used TurboTax to efile their returns and elected to have their tax refunds depos
