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3 Reasons to File Your Taxes Electronically This Year


When it comes to filing taxes, you have a choice: You can keep things old school by writing out a paper return, dragging yourself to the post office, and mailing it out to the IRS, or you can log onto a computer and file your taxes electronically. If you're used to the paper route, that may be your preference this year. But here's why it pays to submit an electronic return instead.

Even if you use a calculator to figure out what numbers to put on your tax return, when you fill one out manually, there's always the chance that you'll make a mistake. And depending on the nature of that mistake, it could cause the IRS to reject your return, leaving you with a headache on your hands. The benefit of filing taxes electronically is that you're less likely to make a mistake. In fact, the error rate for electronic returns is under 1%. For returns filed on paper, it's 21%.

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Source Fool.com


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