How To File Your Taxes Online

  • December 8, 2008
  • 1,015 Views
Please install Flash

Once you’ve learned how to file your tax returns online, you’ll never go back to paper.

You Will Need

  • Tax documents and receipts
  • E-filing software
  • Patience
How To File Your Taxes Online: Gather your papers

Step 1: Gather your papers

Locate any forms, statements, and receipts you think may be even remotely relevant to your income, expenses, and deductions. When in doubt, remember that it’s better to have them and not need them, than need them and not have them.

You can find a complete list of required documentation and other helpful tips at www.irs.gov.

How To File Your Taxes Online: Pick your program

Step 2: Pick your program

Start by going to www.irs.gov and selecting one of their authorized e-file providers, or purchase an authorized e-file program at a computer store. Many of the top software applications are quite similar, but you should compare prices and features. Many can also file your state taxes, too.

If you earn under $54,000 a year, you’re eligible for the government’s Free File program, which lets you e-file for free. Learn more at www.irs.gov.

How To File Your Taxes Online: Follow the steps

Step 3: Follow the steps

Once you have your documentation handy, load your software and follow the instructions. Don’t worry, they think of everything.

How To File Your Taxes Online: Save documents

Step 4: Save documents

Organize and save all documents as you go so you can hit the ground running next year.

How To File Your Taxes Online: Don’t take shortcuts

Step 5: Don’t take shortcuts

If you encounter errors or red flags when entering your information, do not ignore them. If you can’t fix them on your own, you may have to pony up for some professional advice.

Many of the online programs offer live advice from tax professionals through their help menus.

How To File Your Taxes Online: File away

Step 6: File away

When you have the green light from the online tax program, let ‘er rip—file away! And, by the way, welcome to the 21st century.

In 2007, 22.5 million Americans filed their taxes from their home computers.

Something wrong?

Report This How-To

Cancel

Comments (0)

There are no comments. Be the first!

or to post a comment. Or, sign in using your Facebook to comment
and share your activity with your friends

Video is in The Tax Man Cometh (14 videos)