Last year, roughly 113 million people e-filed their federal returns during the tax season. By the end of this year’s tax season, that number will be even larger.
Although e-filing is the most popular way to file, some still wish to paper file their returns. Others, don’t have a choice and are required to paper file. Whether you want or need to paper file, you’ll first have to prepare your tax return(s). With RapidTax, you can prepare your return anytime.
E-Filing in 2014
Want to receive your refund as soon as possible? E-filing is the way to go, and much faster than paper filing. Electronically submitting your tax return is faster than paper filing. The IRS has stated “9 out of 10 e-file tax refunds would be processed within 21 days or less.”
Paper Filing in 2014
Although the majority of filers elect to e-file their tax return, there are the outliers. Some simply prefer taking the responsibility of mailing their tax return over filing online. Others, are required to paper file. The latter group not eligible to e-file include those without income to report (no AGI), those filing prior year tax returns, etc.
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