If you're one of the many people who has waited until the last day to file their taxes (that's today, procrastinators!), you may be better off e-filing.
The IRS has a decent guide to e-filing your taxes, available here.
If you are looking to e-file, follow these three steps from the IRS.
Step 1 – Get all your tax information together! – You'll save time and won't have to stop in the middle of preparing your current year tax return to find a missing document. Here's what you'll need :
- Social Security numbers for yourself, your spouse, and any dependents.
- Forms W-2 from all employers are required for yourself and your spouse.
- Forms 1099 for Dividends, Retirement, or other income, or any Forms 1099 with Income Tax Withholding.
- Receipts for expenses for Itemized Deductions (Schedule A).
- Receipts and records for other income or expenses.
- Bank Account numbers (for a fast refund, or to pay electronically).
- Prior year Adjusted Gross Income amount or prior year PIN if using a Self-Select PIN as your signature.
- Complete information on what records you need, and how long to keep your records.
Step 2 – Choose the method of e-filing that works for you:
Step 3 – e-file it!
Rather than give you a list of why you should e-file your taxes, you should probably just go do it right now. Especially if you're running out of time.
IRS e-file: Filing your taxes online was never easier!
