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What's New in E-Filing Your Tax Returns

Stock quotes in this article: HRB , INTU  

This year, pay both your state and federal taxes online -- and do it free or for a small fee.

E-filing can limit the errors you make in your own filing and get your returns back to you sooner. Checks are built into the software, helping to reduce the possibility of costing yourself deserved money or a call from the IRS, while direct deposit can be set up to get you your money back in as little as 10 days.

Those filers with an adjusted gross income of less than $54,000 can take advantage of IRS Free File. According to the IRS, 70% of taxpayers this year can use Free File.

More Americans are already using this service this year. Three million had filed via Free File by the end of February, as compared with 2.6 million to the same period last year, the IRS says. ...

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