← 4/11: 11 Last Minute Tax Tips

Filing-Taxes-620×480

By Anslem Samuel | Published April 11, 2011 | Full size is 416 × 480 pixels

File Electronically Last year alone, 99 million people—70 percent of all individual taxpayers—used IRS e-file to electronically transmit their tax returns, according to the government agency. With electronic filing, you can literally submit your taxes up until the very last second without penalty. E-filing is an easy and cost-effective method to filing your taxes. Plus, it does the math for you. If you’re concerned about not knowing all the credits you qualify for, remember, most software programs have step-by-step instructions, which increases accuracy and the possibility of receiving a larger refund. Those with an adjusted gross income of $58,000 or less may be able to use the IRS’s Free File option, where taxpayers use online software donated by TurboTax and other tax agencies.

File Electronically Last year alone, 99 million people—70 percent of all individual taxpayers—used IRS…

(Image: ThinkStock)