Income Tax Tag: tax

Free printable tax forms for 2009 are now available online. Printable tax forms 1040EZ, 1040A and 1040 long form are available for download online to help prepare your income tax return before the filing deadline.

For most income tax payers, your federal income tax forms must be postmarked by April 15, 2010. Federal income taxes are based on the tax year January 1, 2009 through December 31, 2009. Income Tax Pro has organized printable tax forms under the headings 1040EZ, 1040A, 1040 and subsets of 1040 which include the most common schedules.

Download, save and print your tax forms today.

IRS begins the 2009 income tax return season this month and has announced that IRS efile opens on January 15, 2010. IRS efile as we discuss on our web site is the process of filing out your federal income tax return and sending it to the IRS electronically versus sending your income tax return to the IRS through the mail.

According to the IRS web site, the efile service rolled out nationally in 1990 and delivered 4.2 million income tax returns. Last year the IRS efile service delivered over 95 million income tax returns or about 66% of all filed tax returns.

The free tax software found on our web site can be used to efile your IRS tax forms online or through the purchase of premium software. To get your income tax refund as fast as possible, choose the direct deposit option. The leading income tax software providers H&R Block, Turbo Tax, and Tax Act are quoting 8 days as the number of days to receive your IRS tax refund using the direct deposit option. The IRS states “in as few as 10 days” on their web site.

In contrast if you are planning to mail in your IRS tax refund and receive an IRS refund check by mail, that could take up to 6 weeks! For sure it is much faster to efile.

Tax Form 8822 is used to notify the IRS that you have changed your address. For most taxpayers, you do not have to notify the IRS if you move, however, it is good practice to notify the IRS each time you move in case they need to correspond with you by mail. The following are the most common ways that you can change your address with the IRS.

• Correct the address on the mailing label that comes with your income tax filing package.
• Write your new address in the appropriate box on your tax return.
• Mail in Form 8822 Change of Address at any time during the year.

Remember that if you don’t file Form 8822 Change of Address during the year, it’s possible that your income tax forms and publications will not arrive at your new address come January. If this is of great concern, visit your local postal service office and complete a change of address with forwarding to ensure that all your mail will be forwarded to your new address. Use this link to get the IRS Form 8822. Instructions and forms are printable.

TaxCut Free edition is available to those who qualify and efile their income tax return online. Also available online, by download, or as a CD by mail are the popular H&R Block TaxCut software editions:

• TaxCut Basic
• TaxCut Premium
• TaxCut Home & Business
• TaxCut Deduction Pro
• H&R Block Signature
• H&R Block Online Office

Of all the H&R Block TaxCut software available today, we like the H&R Block Signature software product the best. Starting at just $79.95 you get year your tax advice from an H&R Block tax professional, support in the case of a tax audit, and additional H&R Block guarantees that you might not find elsewhere. H&R Block Signature is similar to TaxCut in that you prepare your income tax return yourself online, then, an H&R Block tax professional will review, comment, edit, sign, and efile your forms.

For more information please see our TaxCut and H&R Block web pages.

Income tax forms are available online for free, you just might need a link pointed in the right direction to find them. Free printable federal income tax forms are organized by filing status along with frequently required schedules and form instructions. Federal tax forms 1040, 1040A, and 1040EZ for examples, along with Schedule A, Schedule B, Schedule EIC, tax form 2441 Child and Dependent Care Expenses and more.

This year even more income tax payers can prepare and efile their federal income tax return for free using Turbo Tax and Tax Cut online. Avoid mistakes and file your income tax return faster by using one of these top rated income tax preparation software programs.

TaxAct Free is now available to those who want to efile their federal 1040EZ tax refund online, and, TaxAct Free is also available to everyone else who files federal taxes including 1040A and 1040 long forms!

TaxAct has been providing free IRS tax filing for the past 10 years.  No matter your income tax situation, married, single, easy, or complex, TaxAct Free IRS federal tax return preparation software has you covered. Free TaxAct means that you can:

• Prepare your IRS tax return FREE
• Print your IRS tax return FREE
• Efile your IRS tax return FREE
• No income restrictions

Upgrade if you like to TaxAct Deluxe or TaxAct Ultimate editions, however, TaxAct Free edition is fully functional, includes the Deduction Examiner and walk-through videos. It costs nothing to try out TaxAct Free online, and this tax software is also available for download and CD by mail. Visit our TaxAct Free web page to learn more or to get started.

IRS today confirmed the opening of their e-file program for 2008 federal income tax returns. The official IRS e-file open date is January 16, 2009.

IRS e-file program began as a pilot project in just 3 cities back in 1986 with just 25,000 tax returns filed electronically that year. Each year the number of tax payers choosing e-file continues to grow, with almost 90 million IRS tax returns e-filed last year according to published IRS statistics.

Among a dozen other things, the IRS also said the following today:

“…the error rate is so low for e-filed returns. In fact, the error rate is significantly reduced from 20 percent with paper returns to about 1 percent with e-filed returns.”

“Taxpayers who use e-file and who choose direct deposit can receive their refund in as few as 10 days. That’s because with e-file, there’s no paper return going to the IRS. And with direct deposit, there’s no paper refund going to the taxpayer.”

So not only does e-file deliver your income tax refund money faster than mail in tax forms,  those who e-file usually don’t make any errors. No doubt that income tax preparation software is partly responsible for the reduction in tax form errors. And we must note also that Turbo Tax and Tax Cut are quoting “in as few as 8 days” as the number of days for which you can receive your IRS income tax refund.

TaxCut added TaxCut Free to their tax software line for 2009.  If you need to file IRS income tax form 1040EZ and don’t need much help, you can prepare and efile for free using TaxCut Free edition online.

TaxCut Free makes it quick and easy to prepare your form 1040EZ income tax refund, automatically checks for errors, and carries an accurate calculations guarantee just like the rest of the H&R Block income tax preparation services.

If you have a more complex income tax filing for 2008 and need tax form help and advice, try H&R Block Signature from $79.95. H&R Block Signature allows you to prepare your income tax return online with the help and support of an H&R Block tax professional. Complete the income tax return yourself online, then, an H&R Block income tax professional will review, comment, edit, sign, and efile your 2008 income tax return for you.

Didn’t file your 1040EZ tax refund or payment due in 2007 or even 2006? H&R Block Signature tax professionals can consult and help you file past year income tax returns as well. Visit our TaxCut and H&R Block tax service review web pages for more information.

QuickBooks Pro is the most popular version of the QuickBooks small business financial software. QuickBooks Pro helps small business owners focus on growing sales and making money by simplifying routine accounting tasks. QuickBooks Pro users are able to:

• Immediately know if they are making money or not
• Be ready at tax time with full and accurate accounting records
• Pay bills, manage expenses, and create purchase orders in minutes
• Grow their business

QuickBooks Pro 2009: 1 user license $159.96, 2 user $303.95, and 3 user $439.95. These prices were verified today using the QuickBooks Pro free trial link on our web site. Prices may change at any time so don’t wait!

QuickBooks Pro is also extendable. QuickBooks Payroll confidently manages your salaries and employee payments. QuickBook Merchant Services allows store owners to accept credit and debit cards. Use our QuickBooks free trial link to learn more and to get discount pricing.

You e-filed your IRS tax refund and are wondering if the e-file was received, and more important, when you will get your IRS income tax refund money. The IRS has an online refund look up tool they call “Where’s my refund?” To look up your IRS tax refund using the IRS tool, you will need to have a copy of your income tax return handy or at least know the following information from your income tax return:

• Social Security Number or Individual Taxpayer Identification Number
• Filing status (Single, Married Filing Joint Return, etc.)
• Exact whole dollar amount of your IRS tax refund

In general you can access information about your IRS tax refund 72 hours after the IRS acknowledges receipt of your e-file tax return. If you e-file online using Turbo Tax Free, Tax Cut Free, Tax Act, H&R Block or any other income tax e-file service, first log into your account from the service provider’s web site to ensure that your e-file was in fact processed. While rare, there are instances where an e-file is rejected. Your IRS e-file service provider will generally alert you by email or post a message in your account to inform you of the status of your e-file.

If you mail in your income tax return, you can generally access your IRS tax refund information in three to four weeks after the mailing date.

After the wait period, visit www.irs.gov and click on the “Where’s My Refund?” image on the right side menu to get started. Enter the required information into the IRS web form and view your results.