Telefile
 |
Definition of 'Telefile'A tax service provided nationally by the IRS from 1997-2005 that allowed taxpayers filing form 1040EZ to phone in their tax returns with a touch-tone phone. Telefile was provided as a service of convenience for taxpayers with simple tax returns. The Telefile service worked by letting taxpayers dial the numbers on their tax return directly into the phone to report their income. |
 |
Investopedia explains 'Telefile'Telefile was not a service that could be ordered; eligible taxpayers automatically received the Telefile package in the mail. It was first tested in Ohio and its service was eventually expanded to include self-employed filers. Telefile was replaced in the U.S. by electronic filing in 2005, but is still in use in Canada. |
Related Definitions
Articles Of Interest
-
Get A 6-Month Tax Extension
Discover how to get some extra time from the IRS, without paying for the privilege. -
Which is better for tax deductions, itemization or a standard deduction?
Each deduction that you claim may result in a decrease in the amount of taxes that you owe. However, whether you receive the maximum possible deduction could depend on whether your deduction ... -
Does everyone have to file a federal tax return?
This may come as a surprise to many individuals, but not everyone needs to file a federal tax return. According to the IRS, many individuals who do not need to file tax returns still do, because ... -
How can I easily get ready for next year's tax season?
You may one of the lucky ones to come out on top this tax season, but as you will likely agree, it does not mean that you should rest on your laurels. Instead, use the experience gained during ... -
Has Income Tax Become A Class Tax On The Poor?
With more than 33% of American families falling close to the poverty line despite their adult members holding full-time employment, a rising number of citizens are being forced to pay a rate ... -
Possible Effects Of The Online Retail Tax
The U.S. Senate has passed a bill that will impose a sales tax on online retailers. Discover how the Marketplace Fairness Act could affect your bottom line. -
How To Get The Most Out Of Hiring An Accountant
When you hire an accountant, getting good tax advice going forward is as valuable as – or perhaps even more valuable than - getting the previous year’s taxes filed correctly. Learn what you need ... -
How The 2014 Obama Budget Could Affect Your Finances
Depending on which estimate you believe, Obama's proposed budget would raise the tax bill of a household with a yearly income of $50,000 to $75,000 between $63 and $100 per year. However, that’s ... -
IRS Special Enrollment Examination (SEE) Study Guide
The enrolled agent status is the highest credential awarded by the IRS. -
Inaccurate Tax Return, Now What?
If the IRS finds errors, it will cost you. Find out how to fix them, and how to prevent them in the first place.
Free Annual Reports
