How to e-file 1040EZ Form?
One of the easiest ways to file your taxes is to e-file. When you E-file, you submit your tax information through a form online. There is no need to fill out a paper form, head to the post office,or send it off. It is one of the easiest ways to complete your taxes and is very convenient.In this article, we’ll talk about how you can e-file your 1040EZ form.
Filing due date
The due date to E-file the 1040EZ form is April 18, 2017. If you file after the tax deadline, you may be penalized and having to pay interest and penalties. However, there are a few exceptions.
- If you live in Massachusetts or Maine, your deadline is extended until April 19, 2017 because of the Patriots’ Day holiday.
- If you were serving in the U.S. Armed Forces in a contingency operation or designated combat zone, you may be able to file after the due date.
Where to file?
If you are E-filing, it’s not necessary to mail the form. Everything you need to complete the federal tax form is completed and submitted online. You can find everything you need to file right here on our website.
If there is a reason you can’t file before or on the due date, you may receive a 6-month extension to file a return if you file a Form 4868. You can also apply for an automatic extension. To do so you will need to make an electronic payment by the date your return is due.
If you file or pay late for your return, you’ll most likely be charged an interest on taxes that were not paid by the due date. This also applies if the extension to file is granted. You’ll also be charged for other issues, one of which is substantial valuation misstatements. Interest is calculated and charged on the penalty from the due date of the return.
The penalty for filing late is 5% of the amount due for each month that the return is late. If you have a reasonable explanation for being late, this may not apply and you will need to include this reason with your return. The penalty could be up to as much as 25% of the tax due. If the failure to file is fraudulent, the penalty is 15% per month up to a maximum of 75%. If your return is more than 60 days late, the amount you owe as a maximum penalty could be as much as the amount that you owe for taxes.
If your taxes are paid late, the penalty is typically one half the 1% of the unpaid amount each month up to 25% of the unpaid amount. Other penalties, such as negligence and frivolous return, can also be applied if necessary.
How to get help
Surprisingly, there are quite a few options if you need help filing or E-filing your taxes
- First, you can enter "ITA" in the search box in IRS.gov for an Interactive Tax Assistant which is a tool that will ask you questions and provide answers.
- You can also enter "Pub 17" which provides you with details on tax-saving opportunities and interactive links to help you find answers to your questions.
- Another option is to access tax law information on your electronic filing software.
- Lastly, you can go to www.irs.gov/help-resources for a variety of tools that can help you with your taxes.
When it comes to filing your taxes, one of the easiest ways to complete them is to e-file. By E-filing a 1040EZ form, you’ll be able to complete your taxes quickly and conveniently. Online help tools make it even easier. If you need to complete your taxes in a hurry, consider E-filing a 1040EZ form with us this year.