Teletax

DEFINITION of 'Teletax'

A fully automated phone service that offers prerecorded messages on various tax topics for callers. Teletax covers about 150 different tax-related issues commonly faced by taxpayers, such as who must file, tax credits, retirement accounts and payment arrangements.

BREAKING DOWN 'Teletax'

Teletax also provides filers with automatic information about their refund status. An update is usually available for a taxpayer approximately four to five weeks after filing. The Teletax system allows callers to access various topics by typing in a three-digit code. All Teletax topics are also now available online at www.irs.gov.