The IRS is looking to simplify the tax filing process by giving taxpayers more control over when they file their tax returns, according to a report from Reuters.
The IRS said in its 2017 “Taxpayer Guide” that tax preparation will now be more streamlined by adding a “customer-friendly” section in the IRS tax forms.
That section will let taxpayers customize the tax form they use to file their taxes.
The IRS said that with the help of the customer-friendly section, taxpayers will have fewer “technical” hurdles to navigate in order to file the tax return.
The new feature will allow taxpayers to upload an IRS Form 1040 for their return and it will take about 30 seconds to prepare the return, the report said.
Taxpayers can now also request a tax refund or pay more, the IRS said.
For example, a person who files a $2,500 return and wants to deduct $2 from their taxable income will need to provide a refund of $1,500 and file their return with the IRS.
The same person can request a refund for a $10,000 tax return and can pay it all or split it among two of the two.
The person also needs to provide an explanation for why they need to file a return, which could be for a tax liability or due to a medical condition.
The new tax form is part of the IRS’s efforts to reduce the burden on taxpayers and make tax filing easier, the agency said.
The tax filing system has been a focus of the Trump administration, which has sought to improve the way Americans file their returns.
For more information on the tax code, go to http://taxcode.gov/ .
For more information about the tax law, go here: https://www.irs.gov/?lang=en&lang=eng