Law Technology

Get Your Tax Refund In Record Time!

By Andrew Flusche

It’s February 23, and my 2007 federal tax refund is already in the bank. Where’s yours?

Tax refund options

I already wrote about tax deductions, so now it’s time to look at the best way to get your tax refund.

With almost every American filing a tax return by April 15, there are lots of services and software to help get the job done. But which one should you use?

Paper forms - I’ve done this every year until now. Go to your local library or download the IRS tax forms from the internet. If you have a simple income situation, this is a solid free option to pursue.

Paid preparer - Businesses and high-income individuals will most likely pursue this option. Gather up your paperwork, go to your local accountant or tax preparer, and you’ll be done in a little while.

Tax software - There are lots of great options here, but my favorite is Turbo Tax. The basic version is only $18.99, or you can get home and business for $69.99.

The quickest refund

So how did I get my refund by February 23? Turbo Tax Online!

I filled out the online forms in my spare time over a few days. I e-filed my federal tax return on February 10. I selected the direct deposit refund option. And now I have my refund!

Just to be clear, it’s really easy to get a super quick federal tax refund:

1. Fill out the Turbo Tax online forms
2. Select direct deposit for your refund
3. E-file your tax return with the IRS

I’m pretty pumped by these results. Darn cool! And I won’t be scrambling to the post office on April 15. Will you?

Photo by herzogbr

Full post as published by Legal Andrew on February 23, 2008 (boomark / email).