How TurboTax Files Your Taxes: What Happens After Submission

Understanding the Process Behind TurboTax Filings

After submitting your tax return via TurboTax, the software company performs several steps to ensure that your information is accurately transmitted to the IRS. TurboTax has a secure connection with the IRS, and a robust verification process is in place to ensure the security and accuracy of your tax data.

Once your return is submitted, TurboTax takes care to test and prepare your data for transmission to the IRS. This process involves:

Checking for known security issues Mathematical verification of the data Transmitting the verified data to the IRS

While the IRS does not publicly discuss the exact security measures in place, it's believed that the data transmission system used by TurboTax is not directly connected to the IRS’s main computer. This adds an additional layer of protection for your tax information.

Importance of Second Look Reviews

Before sending your return to the IRS, it's highly beneficial to undergo a “Second Look” review. This service is offered by HR Block, the company behind TurboTax, and it allows for a thorough examination of your tax return. If the Second Look finds your return error-free, you will receive a Standard Warranty, and there will be no additional charges.

Many times, a Second Look can uncover additional deductions or credits that might improve your refund or reduce your tax liability. For previous years’ returns, you can also request a "Second Look" to maximize your tax benefits. However, to maintain lower current year preparation fees, it's recommended to send your return to HR Block for a final review before submission.

The Steps Involving TurboTax During IRS Processing

TurboTax significantly expedites the IRS processing timeline by efficiently transmitting your information. Here’s a breakdown of the process:

TurboTax Preparation: TurboTax creates a sequence file containing every line you’ve filled out, even zero entries, to ensure nothing is overlooked. Transmission to Intuit Servers: After preparation, the sequence file is transmitted to Intuit’s servers for further verification. Verification by Intuit: Intuit runs additional verification checks on the file before transmitting it to the IRS. Transmission to the IRS: Once verified by Intuit, your file is then transmitted to the IRS. State Transmissions: If your return includes state forms, the IRS will cross-reference these with the appropriate state tax agencies.

The transmission process often involves using the Modernized e-File (MeF) system. MeF uses a series of XML files to submit your tax information, adhering to a strict specification set by the IRS. This rigorous process ensures that all submitted files meet the necessary standards.

Tips for Efficient Filing with TurboTax

Take Advantage of Second Look Reviews: Before finalizing your return, request a Second Look to ensure accuracy andmissed deductions. Stay Informed About Updates: Regularly update your TurboTax software to ensure compatibility with IRS requirements. Check Your Information Closely: Before submitting, double-check all forms and entries to avoid errors.

With these steps, you can harness the power of TurboTax to file your taxes efficiently and accurately, ensuring a smooth and successful tax season.

Keywords: TurboTax, tax preparation, IRS filing