E File Your Tax Return This Year

Today, most people are finding they can prepare and e file their own tax returns online. Since 1986, when e filing began with just 25,000 tax returns filed online, the number of e file tax returns has risen at an ever-growing rate, with more than 70 million individual returns efiled in 2005.

The reason for this is the IRS' EFile (or "electronic filing") system. E file is the way to file your taxes directly with the IRS. For more and more Americans, it's become the quick, easy and smart way to get your taxes done fast and accurate.

E-filing online offers several time and money saving advantages:

• Get Your Refund in Days. With IRS efile, you can receive your tax refunds in about 10 to 16 days versus waiting up to 6 weeks when paper filing. With paper filing you can expect to wait up to 6 weeks.

• Saves Money. Turbotax Online offers free use of their tax software and only charges a small fee to e-file a return. Complete e file packages range from about $10 for short-form (1040A and 1040EZ) services to about $50 for long-form (1040) tax services.

• Easy and convenient. Because the tax software is online, you can access your secure account and work on your tax return wherever and whenever you want. If you expect a refund you can have it direct deposited into your bank account.
   
• E File is Quick. E file companies report that people using online tax software prepare and file their short-form tax returns in under an hour. One company reports that about 50 percent of their online tax software customers completed tax returns, in one sitting, in under 30 minutes.
   
• Greater accuracy, fewer errors. E File tax software greatly reduces the chance for errors. You're less likely to hear from the IRS down the road because e-filed returns are automatically checked for accuracy--and they've been found to be 99 percent accurate. The IRS reports up to a 20 percent error rate in paper tax returns. 
   
• E file is secure. E-file is secure: The IRS reports that e-file transmissions are absolutely secure, and IRS E file meets or exceeds all government security standards. After e-filing your tax return, the IRS provides an official acknowledgment of your tax return. You'll get confirmation within 48 hours. This is something you don't get with a paper tax returns.

Join the millions of people who have discovered how easy, efile can be. The cost will be much less, your tax forms will get to the IRS with no hand-written errors, and you can get your tax refund in as little as 10 days. TurboTax Online