Most Wisconsin income taxpayers are able to file their state income taxes through the e-file system found on the Wisconsin Department of Revenue website at www.revenue.wi.gov. E-file is a faster and more convenient way to file your tax return. The Wisconsin e-file system works in conjunction with the IRS, and as of January 30th, both Wisconsin and the IRS have started accepting e-file returns. Due to late action on federal legislation there are some federal forms that are not yet available as they require more extensive programming and testing of IRS systems. The IRS will announce when those forms are ready, which is expected to be between late February and March. The key forms delayed include Form 5695 (Residential Energy Credits), Form 4562 (Depreciation and Amortization) and Form 3800 (General Business Credit). Some of the benefits and requirements for Wisconsin e-file are listed below.
• Offers Wisconsin fill-in tax forms that do the math to help prevent errors
• Is secure and confidential – your taxpayer information is protected
• Sends a confirmation once a return is electronically submitted and received
• Allows you to link to e-filing options for your federal income taxes by clicking on “web-based filing”
• Refunds can be deposited directly into your bank account within days.
What You Need to E-file
• Your federal income tax return
• All documents about income you received during the year, including W-2s and 1099s
• Legal names and social security numbers of spouse and dependents you’ll include on your return
• Charitable donations
• Property tax bill or rent certificate, if claiming Homestead Credit
• Bank account information for direct deposit or withdrawal