Limited interest and dividend income reported on a 1099-INT or 1099-DIV.A simple tax return is Form 1040 only (without any additional schedules) OR Form 1040 + Unemployment Income.
If, however, you still prefer to send the IRS a paper return, TurboTax gives you that option. Filing from your computer saves you the trip to the post office, too. If there is a mistake on your return, the IRS can detect it and send back an error report in as few as 48 hours so that you can quickly fix the problem. But only about 1 percent of returns prepared electronically contain errors. According to the IRS, 20 percent of income tax returns prepared on paper have mistakes, such as missing information or taxes calculated using the wrong tax tables half of those errors cause folks to overpay their taxes.
Here are some reasons why electronic filing makes sense for most taxpayers:
