January 20, 2010 – 8:07 pm
Invest your 2009 Tax Return
The IRS is offering an investment option if you are getting a refund for your 2009 taxes this year. You can transfer your tax refund for a US savings bond of up to $5,000. You can purchase a bond in any denomination of $50, remaining funds need to be directly deposited into a banking account.
It’s just that simple, when you file choose the US Savings Bond option and you will receive your bonds in the mail instead of a refund check. The official form is Form 8888, used to deposit your refund into more … Read the rest
January 12, 2010 – 5:31 pm
Benefits of e-Filing Your Return
Last year nearly 67% of federal tax returns were submitted to the IRS by electronic transfer, or e-file. The IRS likes tax returns to come in electronic format as it is easier for them to process and recently provided a list of benefits for you to consider.
The speed with which your return can be sent, processed, and a refund sent to you is much better when you file your federal return electronically. The IRS is also able to correct your information if there happens to be a missed calculation on the return. Ten days … Read the rest
By Steve
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Posted in e-file, tax filing, tax tips
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Also tagged direct deposit, electronic filing, federal tax returns, IRS, refund, tax act, tax season, taxact, turbo tax, turbotax
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