E-file and direct deposit help expedite tax refunds:
January 14th 2022
Summary:
E-file software helps you avoid mistakes by doing the math. It guides you through each section of your tax return using a question-and-answer format. This is important because the IRS recently incorporated changes to the tax laws into forms and instructions like the 1040 and 1040-SR.
You should file electronically using a direct deposit as soon as you have everything you need to file an accurate return. Here's why electronic filing is best.
E-file software helps you avoid mistakes by doing the math. It guides you through each section of your tax return using a question-and-answer format. The IRS incorporated recent changes to the tax laws into forms and instructions like the 1040 and 1040-SR. The agency shared these updates with its partners to ensure e-file software is accurate.
You qualify to prepare and e-file your federal income tax return for free through IRS Free File if your Adjusted Gross Income is $73,000 or less. You may also qualify to have your taxes e-filed for free through IRS volunteer programs. Volunteer Income Tax Assistance offers free tax preparation to people who generally earned $58,000 or less. Tax Counseling for the Elderly generally helps people who are age 60 or older.