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Computerized Investing > March/April 2009

On the Internet: Tax Resources On-Line

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by CI Staff

It never fails, tax time comes every year. But more and more people are easing the chore by taking advantage of on-line tax preparation services and Web sites. It’s a great way to save money and do your taxes on your own time. The resources on the Web are available for free and offer simple ways to file your taxes.

Internal Revenue Service
www.irs.gov
The IRS provides a wealth of free data for taxpayers including tips, forms and publications, plus links to e-filing services. A few years ago, the IRS introduced its Free File program, which allows certain taxpayers to file their federal taxes on-line for free. Last year, 58% of taxpayers filed on-line, and this year the IRS has expanded the program to include more taxpayers and more tax services. To participate in the IRS’ Free File program, go to www.irs.gov/efile. You will find links to those services that allow you to file federal taxes on-line for free. The IRS home page gives you easy access to the most requested forms, including a W-9, W-4, and 1040. The section for Individuals includes instructions on e-filing and filling out a 1040 by hand, a discussion of recent tax changes, steps for tax rebate recovery, tips for deducting sales tax, and information on mortgage interest. Individuals can also learn about filing late, paying taxes on-line, tax relief in a disaster situation and taxpayer rights.

Internal Revenue Service
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