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eFile Taxes and Tax Extension

Posted by admin on November 25, 2022
Last modified: November 25, 2022

You can eFile federal and state income taxes return electronically using PriorTax. Taxpayers can eFile taxes either through an online tax preparer that is an approved electronic return originator (ERO) such as PriorTax with free support from our Tax Service Professionals.

eFile taxes with PriorTax for your return, and choosing to have the refund directly deposited in your bank account is the fastest and easiest way to receive a tax refund. eFiling taxes will get you your tax refund far quicker than traditional mail. eFiling taxes online also speeds up the time that it takes to receive your tax refund.

PriorTax is an authorized IRS e-Filing provider. PriorTax eFiling software will automatically verify that the returns are completed, correct errors, produce relevant schedules, and transfer your returns from your computer to IRS systems and if requested, to the local state tax systems. To help assure that your eFiled tax return is accurate, only proven, top-quality, PriorTax eFiling service will support all customers along with our free Tax Service Professionals to walk you through to eFile taxes.

efile taxes
efile taxes

You may select to have a PriorTax Tax Service Professional help eFile taxes your return for you electronically, or you may choose to do it yourself.

However, note that some states accept electronic filing of tax returns directly, while others send returns directly to the IRS, then those returns are forwarded to state tax agencies. In addition, some states will not let you file a state-only e-Filed return; they will ask that you e-File your state and federal taxes together.

You do not need to worry that data will end up in the wrong hands or misused, as the IRS, the state, and tax preparers all follow the same privacy rules for electronic returns that they do for paper returns. While you may gather all of the necessary documents for your tax return as you go through the e-Filing process, gathering that information sooner may save time later.

How Can I eFile Taxes with a Tax Extension?

Filing an extension for your taxes is easy with PriorTax. Just submit Form 4868, and we’ll take care of the rest. This will give you extra time to prepare for your return, no matter the reason.

An extension only gives you little bit more time to finish tax filing, but no extra time to pay your taxes. Your tax payments are due on the tax filing deadline, which typically falls on April 15 or if the deadline falls on a holiday or weekend, the next business day.

Not filing your taxes on time can result in some pretty hefty penalties. The IRS will charge you monthly interest on the unpaid balance until you pay the full tax amount you owe. Additionally, failing to pay at least 90% of what you owe can result in a late payment penalty, which is usually half of 1% of the amount owed each month, up to 25%. Finally, not filing your return or Form 4868 by the tax filing deadline comes with a late filing penalty of 5% of the amount you owe for each month, again up to a maximum of 25%. So while eFiling a tax extension may not be penalized, it’s still important to make sure you file and pay your taxes on time to avoid some costly fees.

It’s important to get your taxes filed on time, but sometimes life gets in the way. For example, maybe you’ve been busy with work or taking care of your family, and you just need to get a chance to get your taxes done. That’s okay! The IRS offers a six-month extension for individuals who need a little extra time.

How to E File Previous Years Taxes Online

Posted by admin on August 10, 2022
Last modified: August 10, 2022

Life is full of surprises; sometimes, things will simply happen before you know it, like the Tax Deadlines in April. If you have taxes past due, you are probably wondering where to begin. Has the deadline officially passed, or is it possible to continue filing previous years taxes? Tax Service Professionals at PriorTax are going to take you through the steps.

How to File Previous Years Taxes

To file your prior year’s return, you will need your W-2s or 1099 forms that you received in those tax years to report your income. Back tax returns have to be filed on paper and mailed to the IRS – they can be filed electronically or simply E-file tax online with PriorTax, and our LIVE Tax Service Professionals support will help you through it.

Taxpayers may e-file online with PriorTax, or use a tax preparer that is an approved electronic return originator (ERO). Under this arrangement, taxpayers may use approved software to file federal income tax returns and state income taxes in Missouri. You may also file electronically using approved, commercially available software programs, or you may have your return prepared and submitted by a licensed tax professional. If you wish to prepare your taxes in person, you may also use an authorized E-file vendor. The simplest and easiest way to file previous year taxes online is with PriorTax with the LIVE help of Tax Service Professionals.

You can use PriorTax to Efile tax online previous years taxes returns for up to 3 years after it is due.

Easy way to E file Previous Years Taxes Online

Simply create or log into your PriorTax account or create a new account to begin. Then click on the tab in the middle of the “My Account” page. Select the year you wish to begin previous year tax filing and begin filing your previous years taxes return online as E-file. From there, you’ll enter the income and expense information for the year you are filing. Of course, you can always rely on our free LIVE Tax Service Professionals for free. You will have the easiest experience filing taxes for both previous and current years.

Once your return is complete, any previous years taxes filings up to three years, you do not need to print out and mail in paper copies of your forms. This is because with PriorTax, the IRS supports e-filing prior tax year returns online electronically.

When you file your previous tax year taxes with PriorTax, you’ll get all the correct tax forms and the instructions for the previous tax year you are completing.

previous years taxes
previous years taxes

EFiling Previous Tax Years with PriorTax Online for Tax Returns

If you’re behind on your previous taxes, you can use PriorTax to E-file to get caught up. You can electronically Efile tax returns for the last 3 years. In 2023, you can file your 2022 return, plus returns for 2019, 2020, and 2021.

If needed, you can also file older returns by mail. Our Free Tax Service Professionals will help file with PriorTax for earlier years.

Keep in mind that the IRS usually only audits returns that are six years overdue or less. So your past six years of tax returns are typically the only ones that would be considered for an audit.

By Efiling Tax Online Previous Year Taxes Can I Still Get My Tax Refund?

Suppose you filed your return within three years after your original filing date. This deadline period is also applicable for tax credits such as the Earned Income Tax Credit (EITC). Tax deductions and credits can significantly reduce your tax burden, so it is in your best interest to file during this three-year window to receive your earned tax credits and refund. If you have a previous-year return you are still due, you can start today with PriorTax.