Weegy: I do both, so doing them on-line is a way of double checking that my figures and calculations are correct. I do the pdf fill out forms and then do them on-line. [ If something does not match, I figure out where I what I did wrong.
If I am due a refund, I e-file early to I get my refund quickly. If I owe, I put it off until April.
It could be free, but I pay $9.95 for them retain details about my employer and other sources of income or deductions until the following year, so I do not have to fill in that info again. It also keeps track of my cost basis for a non-deductible IRA contribution, for doing IRA to Roth IRA conversions (Form 8606).
So for me the benefits of e-filing are double checking everything, quicker refund (if I get one), and ease of doing taxes next year.
http://answers.yahoo.com/question/index?qid=20100525084738AAFx0JN ]
Auto answered|Score .872|Whosaidwhat|Points 152|User: List one disadvantage of filing your taxes electronically.
Weegy: Pros: *Faster refund: Refund processing time may take as little as 2 weeks
*Efficient: Recording and transmitting of tax information is faster
*Less paperwork: Paper tax forms such as form 1040 do not need to be mailed
*Digital copy: Digital copies [ can be stored on a computer or disk
*No mailing costs: Transmitting of data itself is included in the service
*Can transfer federal information on to State tax application
*Math check and guided completion aids in tax filing accuracy
*Reduces need for expensive "anticipated refund loans"
*Online payment of taxes via multiple methods ]
Auto answered|Score .8349|monsterific|Points 135|User: cons: of filing your taxes electronically
Weegy: One benefit of filing your taxes electronically is that you recieve your refund faster than you would if you filed them by mail. [ By mainl, your refund can take up to six weeks to get to you in the mail, but filing electronically you can recieve your refund in ten days by mail and 7 days if you have your refund direct deposited. ]
Auto answered|Score .4694|workaholicmom|Points 4494|User: disadvantage of filing your taxes electronically
Weegy: Pros: *Faster refund: Refund processing time may take as little as 2 weeks
*Efficient: Recording and transmitting of tax information is faster
*Less paperwork: Paper tax forms such as form 1040 do not need to be mailed
*Digital copy: Digital copies [ can be stored on a computer or disk
*No mailing costs: Transmitting of data itself is included in the service
*Can transfer federal information on to State tax application
*Math check and guided completion aids in tax filing accuracy
*Reduces need for expensive "anticipated refund loans"
*Online payment of taxes via multiple methods ]
Auto answered|Score .8007|monsterific|Points 135|All Categories|No Subcategories|Auto answered|4/6/2011 5:26:09 PM
