E-filing is an IRS-recommended method of filing your taxes, which makes use of tax preparation software to do so. Like anything that uses the Internet, the biggest benefit of e-filing is similar—convenience at the comfort of your home. However, while there are different e-filing systems that IRS has partnered with, it does not endorse one as better than the other.
However, not everyone can benefit from this type of tax filing. As such, these individuals are only eligible to file by paper. These include:
- Individuals who are married but who chose to file separately.
- Individuals who are filing before the date for e-filing begins on January 15 or after it ends on October 15.
- Individuals who are filing their income tax form that is not eligible to be claimed electronically
- Individuals who have a dependent who has been claimed by someone else
As a provider of tax services in Round Rock, Texas, we also suggest that individuals who are planning to e-file their tax forms for the first time also rethink about it. Although e-filing is fairly easy, the processes following it may be. For instance, your submitted tax form to the IRS may be rejected.
For this, you may need to ask a tax preparer and a provider of accounting and bookkeeping services for assistance.