Friday, September 16, 2011

What information is contained in my US Federal Tax Return e-file transmission to the IRS?

Is there more or less information included than in a paper return filing? I like the convenience of e-filing, but not if I am transmitting more information about my return than is legally required. I am concerned in general about privacy and not providing any more information to 3rd parties (yes, even if it is the US government). Thanks!|||Actually, the IRS gets less information in an e-filed return.





"White paper statements" or attachments are not part of the data that the IRS initially feeds into their system. For example, if you decided to list all of the charitable deductions you had and attached that to your return (or it printed out a statement in your computerized version of the return), that information is not looked at.





The critical information, name, SS#, and then data per line is transmitted.





Possibly, that is the purpose of the hundreds of IRS forms instead of having attachments.|||same info as they get when you do a paper return.

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