Electronic Filing Workshop

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Electronic Filing Workshop

• Virginia Department of Taxation
• 2007

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Topics

• Define Electronic Filing Options
• Benefits of Filing Electronically
• Step by Step How To Instructions
• Contact Information

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What Is Electronic Filing?

• Electronic filing is the process of submitting
  your tax forms over the internet, using computers
  and tax preparation software

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Benefits

• Faster processing - electronically filed returns
  are processed within days
  
• Secure your data is safe and secure because we
  use the latest encryption technology
  
• Proof of Receipt - will have confirmation
• Convenient electronic filing is available
  around the clock
  

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Benefits

• Easy All electronic filing options are user
  friendly, and include step by step instructions
  
• Free Free Federal and State return filing for
  most taxpayers
  
• More Accurate Processing Returns filed
  electronically have fewer math errors
  
• Electronic Banking Offers the convenience of
  Direct Deposit for refunds and Direct Debit for
  payment of tax owed
  

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Security

• Return data is safe and secure because we use the
  latest encryption technology
  
• Secure sites are easily identified by symbols
  that are prominently displayed on the web pages.
  

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The Arrows point to Security Symbols
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How Do I E-File My Tax Return?

• E-file your Federal State returns through the
  IRS website by accessing commercial software at
  www.irs.gov
  
• If your Federal Adjusted Gross Income is less
  than 52,000, you can file your Federal Return
  for free
  
• You will be charged a fee for filing your State
  Return
  

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How Do I E-File My Tax Return?

• E-file your Federal State return by purchasing
  commercial software and installing on your home
  computer
  
• E-file your Federal State return by accessing
  online commercial software applications
  

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How Do I E-File My Tax Return?

• File your Virginia Return free through Virginia's
  iFile program
  
• Access the program at www.tax.virginia.gov
• All Virginia Taxpayers can file for free

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How Do I E-File My Tax Return?

• If you currently use a Tax Preparer, CPA or
  Accountant to prepare your taxes be sure and
  request that they file your return electronically
  so you can receive your refund fast.

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Getting Started

• The same paperwork you always need when filing on
  paper
  
• W2s, 1099s
• Receipts and any other backup paperwork
• Your previous years Federal State returns
• A computer with a standard internet browser
• Internet Explorer
• Netscape

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e-file Through The IRS Website
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Go to IRS website www.irs.gov andclick on the
e-file icon
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Click on the link to e-file for Individual
Taxpayers
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Click on the various links to find the best
E-File Option For You
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IRS e-file Program Overview
18
When You Click on Free File From the Previous Web
Page
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Listing of IRS e-file Partners
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The Commercial Software Program being utilized
throughout this training is but one demonstration
of what is available.The Virginia Department of
Taxation is not in any way making a
recommendation or advocating the use of this
particular software.Visit the IRS and/or the
Virginia Tax Website for a listing of all
available commercial software vendors.
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Click on Start To Begin
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Click on Continue to Begin Filing Your Return
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Register Your Username Password
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Print Your Username Password for Future
Reference
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Enter Filing Status
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Enter Your Personal Information
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Enter information that will determine special
exemptions
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Continue to Enter Personal Information
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Continue to Provide Special Exemption Information
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You Can Go Back View Previous Pages
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Provide Personal Exemption Information
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Enter Dependent Information
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Enter Special Deduction Information
34
Review Personal Information Entered
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Begin the Wage Information Section
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Entering W-2s Information Page
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Enter W-2 Information
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W-2 Information Summary Page
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Other Earned Income Information
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Interest Dividend Income Information Page
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Capital Gains Loss Information Page
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Unemployment, State, Local Refund/Credits Page
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Retirement Social Security Page
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Alimony Other Income Page
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Income Summary Page
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Initial Expense Reporting Page
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Expense Information Page
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Building Itemized Deductions
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Expense Summary Page
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Dependent Care Education Expense Page
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Retirement Savings Contributions Credit Page
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Estimated Payments 2005 Refund Applied to 2006
Taxes
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Earned Income Credit Validation
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Other Taxes Credit Summary
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Adjusted Gross Income Page
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e-File State Return Option Page
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County Information Page
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Miscellaneous Information Needed to e-File State
Return
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Political Contribution Credit for the State Return
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Calculated State Refund
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Choose How To Receive Your Federal Refund
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Direct Deposit Bank Account Information
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Confirmation of Bank Account Information
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Federal Return Signature Page
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Perjury Statement Page
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State Return Signature Page
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Choose How To Pay Your Tax Due
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Paying Tax Due by Direct Debit
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Direct Debit Bank Account Information
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Confirmation of Direct Debit Banking Information
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Filing Option Selection
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Choose How To Pay For the Use of the Filing
Service
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Billing Summary For Service
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View Your Return
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Print a Copy of Your Federal State Return
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Summary
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View Print Copy of Federal Return for Personal
Records
78
View Print Copy of 2nd Page of Federal Return
for Personal Records
79
View Print Copy of State Return for Personal
Records
80
View Print Copy of State Return for Personal
Records
81
Press the E-file My Return Button Your Finished
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Track the Status of Your Refund
83
State Payment Voucher if Tax Due is Paid By Check
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iFile
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Virginia Department of Taxation Home Page
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Choose the iFile Link
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iFile Login Page
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iFile Registration Security Authentication
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Select the type of return you would like to file
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Begin Filing Your State Return Online
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Wage Information Page
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Income Additions Subtractions,
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Deductions Exemptions
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Other Taxes, Credits Contributions
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Review Tax Return Information Entered
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Requesting a Refund
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Paying a Tax Due
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Filing Your State Return Online Through iFile
You Are Finished
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Confirmation of a Successfully Filed State Return
Through iFile
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Refund Status

• Check on the status of your Refund
• Federal Refund
• www.irs.gov type in Wheres My Refund in the
  Search Box
  
• State Refund www.tax.virginia.gov or call
  804-367-2486
  
• Call your Local Commissioner of Revenue

101
If You Are Technologically Challenged

• Contact the software vendor on the site you have
  chosen. All provide contact information. Most
  questions will be answered very quickly.
  
• Do not contact the Tax Department or the IRS
  directly for technical questions.

102
If You Need Help With A Federal Tax Related Issue

• IRS Individual Tax Information
• 800-829-1040
• Monday through Friday
• 700 am to 1000 pm

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If You Need Help With A State Tax Related Issue

• Contact VATAX Customer Service at
• taxindreturns_at_tax.virginia.gov or visit our
  website at www.tax.virginia.gov and click on
  Contact Us
  
• or call [phone]
• Contact your local Commissioner of the Revenue
  visit our website for a listing and location
  where you live
  

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Tell your Friends and Family!