Schedules H & H-Ez Instructions - Wisconsin Homestead Credit - Wisconsin Department Of Revenue - 2006 Page 16

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67 Million Taxpayers in the U.S. E-filed Last Year.
What do they know that you don’t?
A quick, easy, smart way to get your taxes done!
Ways to e-file:
More than 67 million taxpayers in the U.S. e-filed last year.
• On-line software. Visit the IRS web site ( )
In Wisconsin alone, over 1.6 million returns were e-filed!
to find a list of approved on-line software providers.
Many of the providers will file your federal return for
• Quick – No more last minute trips to the Post Office –
free and if you choose they will instantaneously file your
just hit Send! Or tell your preparer “I want the safety
State return for a small fee.
and speed of e-file.” Did you know that 99% of all e-filers
get their State refund within 3-5 business days and their
• Free-File. Click on
IRS refund within 10 business days when they use
the State’s Free-File
direct deposit? Paper filers frequently have to wait
program located at
10-12 weeks for their paper refund check.
to file your State return.
• Easy – Fill in the blanks and the computer software
will lead you step-by-step through the program. It will
• TeleFile. Use your telephone to TeleFile your return.
even take care of all the math!
See page 25 of the Form 1A and WI-Z booklet for
TeleFile instructions and toll-free TeleFile number.
• Smart – The IRS and State provide you with an official
acknowledgement that your return was received.
• Free tax preparation site. Visit a free tax preparation
site, commonly referred to as VITA or TCE (see page 2B
• Convenient – You can e-file any time of the day or
for more information). Many of the sites have e-filing
night. Plus, if you owe money, you can e-file your return
capabilities.
and designate any date on or before April 16 for the
amount to be automatically withdrawn from your check-
• Purchase software. Purchase tax preparation
ing or savings account.
software at your local office supply or electronics store.
• Tax preparer. Pay a tax preparation company to
prepare and e-file your return.
Don’t Pay to Borrow Your Own Money
In 2004, more than 119,000 Wisconsin taxpayers paid
Here are some tips on how to avoid a RAL:
an estimated $29.7 MILLION in Refund Anticipation
• Open a checking or savings account. If you do not
Loans (RAL) and associated fees. A RAL is not a quick
have a checking or savings account, consider opening
refund. It is actually a short-term
one so your refund can be electronically deposited.
loan with an average annual
Many banks and/or credit unions will set up a checking
percentage rate (APR) of 512%.
or savings account for free.
Before electronic filing, when it
• E-file and request direct deposit. When you e-file,
would take several weeks to
request the IRS and the State to electronically deposit
process a paper tax return, a
your refund directly into your checking or savings
RAL was an attractive, timely
account. It typically takes 10 business days for the IRS
option to a family in need of
and 3-5 business days for the State to process and
money. But with today’s
electronically deposit your refund.
electronic filing, you can receive
• Visit a free tax preparation site. Trained volunteers
your refund electronically within
will prepare your tax return for free and many sites will
3-5 days from the State and
file your return electronically to speed up your refund.
10 days from the IRS. All at no
For more information read the “Free Tax Preparation
cost to you. So keep all your
Available” article on page 2B.
eligible refund and do not
become part of an unfortunate
statistic.

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