Exempt (from withholding) Free from withholding of federal income tax. A person must meet certain income, tax liability, and dependency…
Electronic Return Originator (ERO) The Authorized IRS e-file Provider that originates the electronic submission of an income tax return to…
Electronic Preparation Electronic preparation means that tax preparation software and computers are used to complete tax returns. Electronic tax preparation…
Electronic Filing (e-file) The transmission of tax information directly to the IRS using telephones or computers. Electronic filing options include…
Earned Income Credit A tax credit for certain people who work, meet certain requirements, and have earned income under a…
Earned Income Includes wages, salaries, tips, includible in gross income, and net earnings from self-employment earnings.
Direct Tax A tax that cannot be shifted to others, such as the federal income tax.
Direct Deposit This allows tax refunds to be deposited directly to the taxpayer's bank account. Direct Deposit is a fast,…