Filing taxes electronically can expedite the process from "summary" of Income Tax Fundamentals 2021 by Gerald E. Whittenburg,Martha Altus-Buller,Steven Gill
When taxpayers submit their tax returns electronically, they can significantly speed up the processing time. This is because electronic filing eliminates the need for manual data entry, reducing the chances of errors that can delay the processing of paper returns. The IRS can process electronic returns much faster than paper returns, allowing taxpayers to receive their refunds sooner. In fact, taxpayers who file electronically and request direct deposit can receive their refunds in as little as three weeks, compared to six to eight weeks for paper filers. Moreover, electronic filing is not only faster but also more secure than paper filing. When taxpayers file electronically, their information is encrypted and transmitted securely to the IRS. This reduces the risk of sensitive information being lost or stolen during transit. In contrast, paper ...Similar Posts
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