Irs Electronic Filing: What You Need To Know In 2023
IRS Electronic Filing 2022 IRS from www.taxuni.com At the start of this decade, the Internal Revenue Service (IRS) implemented a policy of encouraging taxpayers to file their taxes electronically. This policy has evolved into a mandate for most taxpayers in the United States, with only those meeting certain qualifications being able to file their taxes on paper. At this point, taxpayers are encouraged to take advantage of the many benefits associated with filing electronically. In this article, we will discuss the requirements for filing electronically, the benefits that come with it, and the different options available to taxpayers. Advantages of Filing Electronic Tax Returns The IRS believes that electronic filing provides many advantages over paper filing. For starters, electronic filing allows taxpayers to receive their refunds faster than they would with paper filing. According to the IRS, taxpayers who choose to file electronically typically receive their refunds within 21 da...