How Does Online Tax Return Work
- Online filing or Online tax preparation is provided by IRS approved vendors using a website. These web sites help you in both preparing your federal and state tax return and also filing (dispatching) it automatically to the IRS and your State Tax Authority.
- These sites have an easy to understand questionnaire that you use, and the tax forms are generated automatically. Tax Brain is one such online tax preparation vendors.
- E-File is the name of the IRS system to accept tax returns electronically.
- Once the Tax Form is generated, the online tax website uses the IRS e-File system to electronically send your return to the IRS and your State Tax Authority.
- Some sites offer to estimate your tax refund for Free without actually preparing your tax return. Here is a link to a Free Tax estimator.
- Here are the most popular IRS approved Online Tax Filing Services
TurboTax Online ,
TaxCut Online
,
Taxbrain
, TaxAct ,
Complete Tax,
FreeTaxUSA
