Filing Your Income Taxes Electronically
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Minnesota Department of Revenue reaches 1 million e-filers
Yesterday, the Minnesota Department of Revenue received its 1 millionth income tax return submitted electronically. With the income tax filing deadline just over a month away, the department encourages taxpayers to file electronically to ensure better accuracy and quicker refunds.
“We want your income tax return to be accurate. If you e-file, errors are significantly reduced and you will receive your refund faster than if you paper file,” said Revenue Commissioner Myron Frans. “Paper returns can take thirty days or longer to process and tend to have more errors than returns filed electronically.”
Last year the Department of Revenue received 80 percent - or about 2.1 million - electronic tax returns, which was a four percent increase from the previous year.
While taxpayers can still submit their income tax returns through paper filing, e-filing offers added benefits to taxpayers. Over 90 percent of e-filers had their returns processed within five days, compared to 90 percent of paper filed returns being processed within 30 days.
- Get a Faster Tax Refund by Filing Electronically With e-File - - News
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Big Name Tax Preparation Services are a waste of money If you file your taxes electronically and request direct deposit of your refund, you should have your money from the IRS within a few weeks. Why waste money on a service you don't really need when you can get your refund so quickly for free? |
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Post office losing tax 'revenue' He explained that more and more taxpayers are using E-file to send their tax returns to the government instead of mailing their tax forms. I had been wondering if the filing of taxes electronically via computer was growing — as I suspected it might be |