How to File Your Tax Returns Online
How to File Your Tax Returns Online Yourself Without Breaking Your Budget
If you’re wondering how to file your tax returns online, this article will show you how. The basics of tax preparation are straightforward: gather your tax documents, such as your W-2 from your employer or your 1099-B for capital gains and losses, and any other tax forms that you receive.
At this point, you’ll need to decide how to file your tax returns online yourself for the best way for your tax situation. Depending on how much you earned, this step can be simple or complicated. But no matter the experience level, you can use this guide to make your tech work for you. Read on to see the different options that are available to you.
One thing for sure at EZ Online Taxes, you’ll not find those confusing three or four pricing tiers that go up in price to around $129 plus another$39 for your state return, for a total price of $168! That is absolutely outrageous. We don’t have all of the fancy colors and some bells and whistles, but we do have a very reasonable price of $25…and that includes your federal return, state return, and of course free e-filing. That means you can save about $143 by filing your taxes online with us.
Ways to file your own taxes online yourself this tax season
Whether you’re filing your federal or state taxes, there are many ways in doing taxes by yourself this tax season. For many, filing their taxes online is as easy as filling out a few forms. You can also use IRS partner sites to prepare your forms and do all of the calculations for you, as long as you meet their qualifications. The first option is easier, as the site takes care of all of the forms and calculations for you. However, if you’re unsure of what to write on a particular form, there are still ways to do it yourself.
There are many ways to file your own taxes online, but two options stand out. One way is to use a free tax preparation software like IRS Free File as long as you meet the gross income test. This software allows you to complete and file your taxes online, and then submit them using the latest encryption technology.
After filing your taxes, you receive an acknowledgement that the returns were received and processed. Another option to choose is to get your refund by a check in the mail. With the mail problem we’ve been experiencing the past few years, though, we strongly recommend you don’t do this. The fastest and most secure way is to use direct deposit at your bank or credit union.
Filing your own taxes is fast and easy
The option that many, many taxpayers use is one of the online tax filing websites. Unfortunately, this is where a lot of the confusion and stress begins. When you do a search, for instance, on how to file your tax return online yourself, you’ll find millions of results. Many of them advertise filing taxes for free, but most taxpayers don’t qualify for a free return. Even if you were able to qualify, in small print, you’ll find that you have to pay extra to file your state return.
To make matters worse, these same sites have set up confusing pricing tiers. What that means is, they have one price for a very simple return, and then if your return needs an extra tax form, like a Schedule A to itemize your deductions, up goes your price to a higher tier. Then, if you need to add maybe a Schedule C for a side gig, or even a simple rental property on a Schedule E, up goes your price again.
By that time, you’re paying for their deluxe return at their highest price. Then, no matter which pricing tier you end up in, you have to pay extra for filing your state return. If you’re like the average person, you’ll soon get tired of these constant upsells and the bait and switch tactics. We recommend very highly using an online tax filing provider, just be careful with whom you choose. Read on to see the best one.
How to pick the best site for doing taxes by yourself
Personal tax preparation services work much the same way as desktop software. But the sites have made some changes, some more significant than others. Many of these sites look and work as they did during the tax year of 2021. As new laws, forms, and refunds come into effect, companies have worked to make them more secure. Here’s how to pick an online tax filing site. Read on to find out what features to look for in an online tax service.
The user interface is a critical component of the overall experience. A user should be able to read instructions and respond to questions as they arise. It’s best to use an easy-to-use site with a site-wide navigation tool. While many tax preparation websites offer good guides, understanding the IRS forms and other requirements can be difficult. Most sites aim to address this issue by providing a comprehensive database of questions and answers. We reviewed many online tax filing websites, and are recommending EZ Online Taxes, for a number of reasons.
Prices are another key consideration when choosing an online tax filing service, but should not be your only requirement. Some of the websites offer a lot of bells and whistles that you very seldom need, so why should you have to pay for it? The basic features are offered by all of the programs, but many of them add special features to justify their pricey fees.
Can I file taxes for free?
If you’re looking for an online tax filing service, you’ve likely been swayed to some extent, by their pricing. While tax law changes aren’t as dramatic as those in the past, online tax software has changed over the years. Many tax website developers have incorporated the necessary changes into their online solutions. Fortunately, the standard deduction hasn’t changed much for the 2022 tax year.
Single filers can still claim the standard deduction of $12,950, but married filers can deduct $25,900. Heads of household get a $19,400 deduction, and those over 65 are entitled to an additional $1,400. The biggest pricing change was on EZ Online Taxes. We decided that the pricing tiers others used were unfair and confusing to most taxpayers. We went to a flat rate pricing of $25 for everything. That includes your federal and state(s) returns as well as e-filing. What’s more, it doesn’t matter if you have a simple return or a very complex one. The price is still the same $25.
You can take a look at the so-called big three filing firms and see their pricing. None of them are really affordable for the average taxpayer. One even offers the services of a CPA, who will prepare your return for you. (For a much higher price, of course) Here’s the bottom line, EZ Online Taxes can handle your simple return or a complex one, from a W-2 return to rental properties and self-employment income. If you are a landlord or cryptocurrency trader, we can handle that too.
Summary
If you’ve been wondering how to file your tax returns online yourself, but are unsure about how to get started, you’re not alone. There are many online tax preparers, but the one where you’ll get the best bang for your buck is EZ Online Taxes. We can handle it all from the simple to the complex and for only a low $25 fee. Take our program for a spin with no obligation what so ever. Filing your own taxes has never been easier.
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