Darlees.com

Question by lisamarie_625: How quick do you receive your tax refund using turbo tax online?
How long do it usually take to receive your tax refund check if you file online using turbo tax? Filing tomorrow.
Thanks!

Best answer:

Answer by chemikal201983
2-3 weeks after acceptance and processing

Know better? Leave your own answer in the comments!

Question by Sourpuss: Is EXPRESS 1040 online tax filing legitimate?
I have found an online company called Express 1040 that is willing to e-file my federal tax return for me for free. I would have to pay for state taxes and any other services. I have filled out the information on it, but got nervous about the whole thing when a prompt came up asking me if I want my refund to be directly deposited to my account. Has anyone ever heard of these guys? Are they legit? Does the goverment actually offer direct deposits for your return?

Best answer:

Answer by bob shark
I wouldn’t trust my personal information, or banking information to anywhere on the internet.

there is too big a chance of identity theft or worse.

Give your answer to this question below!

Question by seebanu123: I am trying to file my Tax returns, which is best for filing online or going to HR block or some other agency?
FYI i just have deductions of around 4800$ , if i can file it online can anyone please suggest which is the best and secure website to file my tax returns as i would be giving my personal details in that site…
Thanks in Advance

Best answer:

Answer by dewkisses02
Going online and doing a free file would probably be best for you. You’re not going to itemize with just $ 4800 in deductions because your standard deduction is $ 5350. Any website that does free file through the IRS would be a good one. Just go to irs.gov and find one.

Know better? Leave your own answer in the comments!

Question by saadia: i filed my taxes online using turbo tax using the electronic filing and they don’t have any record at irs?
i filed my taxes through turbo tax on 2/10/2010 using electronic filing received confirmation number but irs stated that they nothing showing that i filed online do i need to redo my taxes over

Best answer:

Answer by PGM
If the IRS thinks they don’t have a record of it, you definitely need to re-file. Talk to the nice folks at TurboTax online, or simply print it out and mail in.

Know better? Leave your own answer in the comments!

Spring time brings the rush for people to prepare their taxes. Taxes however can be very hectic: the filing and the preparation process can be very stressful. People also often need to go to a tax preparing professional. In recent years however, this has begun to change thanks to the internet. While the old method of doing it all by hand versus going online is still very popular, the number of people who file tax online every tax season continues to grow because they see all the benefits it has to do taxes online than to do them the old fashioned way.

Online tax filing was made easier because the hectic search for which documents to file was simplified; instead of having to go to the local IRS or a tax preparer now all the individual had to do was go online. Within a few simple clicks, they had the document and would begin to prepare the tax material.

Before this great option, people would constantly have to grab a group of files, make sure they were proper and then return home to use them. This is a very time consuming process that was better ended with e-filing.

Going to a professional to assist in preparing taxes is fine. There are still many people who do their taxes online that need professional assistance, but it is much more convenient than having to go see the accountant and bring your documents for aid on your taxes. This was an expensive process that could cost more than 0 at times. To go online and ask a tax professional for advice is much cheaper; the most it will cost around is . Not only is it cheaper, but since it is done online, it gets to the IRS faster and the tax refund will come even quicker to those who qualify for a refund.

Tax preparation may be stressful, but now it has become much less so thanks to the internet and the advances in technology society has had in the last 10 years.

It is no wonder why people have begun to file taxes online instead of following the traditional methods because it not benefits them by giving them less to worry about, but it also helps to get their tax refund sooner so they may have more money in their pocket.

Tax rates applicable for the assessment year 2011-2012( Financial Year 2010-2011 ):-

Applicable Income tax rates for Indian individual women having age less than 65

Income from all sources
Income tax rate ( Percentage )
Applicable Education cess on Income tax  ( percentage )
Effective tax rate
0 to 190000
0
0
0
190001 to 500000
10
3
10.3
500001 to 800000
20
3
20.6
800001 and above
30
3
30.6

Applicable Income tax rates for Indian individual persons having age more than 65 (Senior citizens)

Income from all sources
Income tax rate ( Percentage )
Applicable Education cess on Income tax  ( percentage )
Effective tax rate
0 to 240000
0
0
0
240001 to 500000
10
3
10.3
500001 to 800000
20
3
20.6
800001 and above
30
3
30.6

Applicable Income tax rates for Indian individual persons (Men/HUF) having age less than 65

Income from all sources
Income tax rate ( Percentage )
Applicable Education cess on Income tax  ( percentage )
Effective tax rate
0 to 160000
0
0
0
160001 to 500000
10
3
10.3
500001 to 800000
20
3
20.6
800001 and above
30
3
30.6

Various ways to file income tax returns:-

Indian individual can file income tax returns by using following ways

1) Paper Return: – Download the applicable ITR form in PDF format from EasyItFiling.com and fill the income details from salary, House property, Capital Gains, business Income etc and TDS, challan details and file it in local income tax office on or before 31st July 2011.

2) Online E Filing: – Individual persons can file income tax returns online freely and easily by using EasyItFiling.com.  If you are corporate employee, if your company provides you Form16 in PDF format, just upload the form16.

It automatically calculates income tax and files your income tax returns easily.

Online E filing of tax return without Digital Signature: – Log in into EasyItfiling.com, File your income tax returns online, immediately after processing your income tax returns by EasyItFiling.com, Your income tax returns will be submitted to income tax department. After successfully processing of Income Tax returns by income tax department, you will receive ITR-V form (acknowledge form) to your Email address supplied while filing your income tax returns.

Verify the received ITRV and sign on it and mail it to the income tax department mentioned on below address within 120 days of online filing of your income tax returns.

To,

Income tax Department -CPC,

Post Bag  No- 1,

Electronic City Post Office,

Banglore -560100,

Karnataka.

Online E filing of tax return with Digital Signature: – Login into EasyItfiling.com, File your income tax returns online using you digital signature, immediately after processing your income tax returns by EasyItFiling.com, Your income tax returns will be submitted to income tax department. After successfully processing of Income Tax returns by income tax department, you will receive ITR-V form (acknowledge form) to your Email address supplied while filing your income tax returns.  This completes Filing of your tax returns.

Due Dates for filing income tax returns:-

For all companies , Corporate, Foreign companies , trusts
*31st October of the assessment year
For all individuals , HUF ( Hindu Undivided Family) whose accounts to be audited under Indian Income tax Act
*31st October of the assessment year 
For all other individuals not mentioned above two categories
*31st July of the assessment year

*For the income you earned in financial year 2010-2011, Assessment year will be 2011-2012. That is Income earned in the financial year 2010-2011 will be assessed by Income tax department in 2011-2012.

Question by l9poppy: Any Free tax Filing online for Single Married Couples?

Best answer:

Answer by Rob
single married couples?
Try the free file options from the IRS web site

http://www.irs.gov/efile/article/0,,id=118986,00.html

Give your answer to this question below!

Question by Saber: Hi..need help in online tax filing returns!?
Hi….i need some assistance regarding about the reject codes “0500(0010)” and last updated reject code “0522(0010)” that the IRS had sent me back on my rejected tax filing application status. I’ve looked up on what the reject codes are…but I don’t understand what they meant as this is my 1st time doing it online. What exactly do they mean by those codes? I’ve entered my data correctly so far as it is concerned….and i’m in need of help as to what problem would those 2 error codes actually might be that I don’t know how to rectify. Can someone help me out pls? Thanks!

Best answer:

Answer by Sweetstreet
I would not do it online if I were you because sometimes it can be confusing. I ended owing 2300 when I did it myself

What do you think? Answer below!

Question by soccerlemon: What is the best program for online US tax (free or otherwise) filing when I have foreign income?
This is the first year that I am filing taxes where I have income earned in the US and in Canada. I need to report both on my US taxes. I have tried to use the HR Block free online version, but it didn’t even support the Foreign Income Tax Credit form nor was there any help available for some of the undeciperable questions it was asking me.

Has anyone found an online tax filing program that makes this process easy? I’d even be willing to pay if the service can make this process simpler.

Best answer:

Answer by hrblockchristinew
You can convert the tax cut to a signature return. A preparer wil then check and make any corrections that are needed. They can also complete any forms needed for the foreign income. Your tax return is a little to complicated to try and complete yourself.

Christine EA Master Tax Advisor

This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.

http://www.hrblock.com/tax_professionals/christine_wilkins.html

Know better? Leave your own answer in the comments!

Question by Roger: While filing tax in online how should we inform system regarding our visa status to claim appropriate refud?
Here is my problem. I was in J1 status till Jan – 2008. But my firm assumed that my visa status changed from J1 to H1 on Oct – 2007. They came to know about their wrong perception only late December. Will this have any impact on my tax re fund ? if so what is the best way to file my tax

Best answer:

Answer by chatsplas@sbcglobal.net
You were not legally able to work in US on a J1 Visa.

When you file your tax return it asks if you were a US citizen or resident, and the legal answer is NO. However you can file all income earned during the year, using your SSN or ITIN. The IRS expects you to file on all income received, regardless of your legal status. And they don’t report you to Immigration, either. So file!

Know better? Leave your own answer in the comments!