United States
YourMoneyCounts Home | About Us | Contact Us | Privacy
HSBC - The Worlds Local Bank
Managing your money | Taxes | Investing Basics

Electronic filing

When you file electronically, you provide all of the information that the IRS and your state require online and submit the forms. If you have a refund coming, you should get it faster than if you file on paper. You can have the refund deposited directly in your bank account for an even quicker turnaround.

If you owe more tax than was withheld, you can pay it by check, credit card, or debit card. But there is a fee for using a credit card that will increase the amount that’s actually due. And if you don’t pay the full amount of the bill by the date that the credit card payment is due, you’ll end up owing a finance charge to the card issuer.