Benefits of Filing Paper Tax Returns
Filing a paper return has some benefits over e-filing, including:
- It’s familiar.
- It’s comprehensive.
- It’s easy to review for errors. You also can easily find income or deduction amounts on a prior-year return.
- You can easily make copies of your return to give to financial institutions when applying for a loan or a home mortgage.
Even if you e-file, you should print a copy of your return for your records.
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For individual taxpayers, Schedule A is used in conjunction with Form 1040 to report itemized deductions. If you choose to claim itemized deductions instead of the standard deduction, you would use Schedule A to list your deductions. Your itemized total is then subtracted from your taxable income.
