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Q. How does IRS e-file work? A.
McLaughlin, Van Dootingh, Mosher & Co. is an Electronic Return
Originator (ERO) who is authorized to file your return
electronically to the IRS.
You sign your electronic tax return by either using a Self-Select
PIN for e-file for a completely paperless return, or by
signing Form 8453. See " If the return is electronic, how do I sign
it?" for more information.
After you sign the return using a Self-Select PIN or Form 8453,
the we transmit the return to a third-party transmitter who then
forwards the entire electronic record to the IRS for processing.
Once received at the IRS, the return is automatically checked by
computers for errors and missing information. If it cannot be
processed, it is sent back to us to clarify any necessary
information. After correction, we retransmit the return to the IRS.
Within 48 hours of electronically sending your return to IRS, the
IRS sends us an acknowledgment stating the return is accepted for
processing. This is your proof of filing and assurance that the IRS
has your return information. We then send Form 8453 to the IRS.
If due a refund, you can expect to receive it in approximately
three weeks from the acknowledgment date - even faster with Direct
Deposit (half the time as when filed on paper). If you owe tax, see
"What if I owe Money?" for payment options available this year.
Q. If the return is electronic, how do I sign it?
A. The most convenient way for you to sign your electronic return
is to use an electronic signature Personal Identification Number
(PIN) -- and it's completely paperless! We can answer any questions
you have about electronic signatures. If you do not choose to use
one of the electronic signature methods, Self-Select PIN or
Practitioner PIN, you must complete and sign the signature document,
Form 8453, U.S. Individual Income Tax Declaration for an IRS
e-file Return.
Q. How will I know that the IRS really has my return?
A. The IRS lets us know that it has received your return
information within 48 hours after we electronically send your return
to IRS. If the IRS detects any errors, it sends an error message to
us to correct and retransmit the return to the IRS. Only IRS
e-file options offer this advantage.
Q. How accurate is IRS e-file?
A. IRS e-file returns are virtually error-proof with an
error rate of less than one percent. IRS e-file greatly
reduces the chance that you will get an error letter from the IRS.
Q. What if I owe money?
A. We can file your return electronically any time during the
filing season; however, sending the payment for a balance due by
April 15th is still your responsibility. You may file electronically
as soon as you are ready and will receive a confirmation from the
IRS within 48 hours of receipt of your return. You may then pay your
balance due to the IRS by check, direct debit (automatic
withdrawal) directly from your bank, or by credit card. All balance
due payments, regardless of method of payment, must be authorized or
sent to the IRS by April 15 to avoid late payment penalties or
interest charges.
To pay by check, make your check payable to the United States
Treasury and mail it, along with the IRS payment voucher (Form
1040-V), to the address indicated on the voucher. For electronic
funds withdrawal, include your bank routing information and account
number on the Form 1040 when you file electronically. You can
designate the exact date (up to and including April 15) that you
want the payment to be withdrawn (by the Department of Treasury
financial agents) from either your checking or savings account at
your bank. Credit card payments are also available, however you will
be responsible for any credit card transaction fees associated with
the payment of your tax.
Q. Can I e-file my state return with my Federal
return at the same time?
A. Yes. Federal/State e-file, an extension of IRS
e-file, is offered in 37 states, including Ohio and the
District of Columbia.
Q. Is there a fee for IRS e-file?
A. McLaughlin, Van Dootingh, Mosher & Co. does not charge an
additional fee for the electronic filing of returns prepared by us.
We hope this helps to answer your questions regarding the
e-filing process. If you have any other questions, please
contact us.
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