Question: + Consider + the + following + narrative + describing + the + process + of + preparing + an + income + tax +

+Consider+the+following+narrative+describing+the+process+of+preparing+an+income+tax+return:
Each+year+before+April+15,+you+file+your+income+taxes.+You+collect+multiple+W-2+and+1099+documents.+You+prepare+your+tax+return+and+double-check+it+for+accuracy.+You+file+your+forms.+You+mail+your+documents+to+the+IRS.+If+you+are+getting+a+refund,+you+wait+to+receive+your+refund+by+check+and+deposit+your+refund+in+your+bank+account.
Required:
b.+Consider+the+same+narrative+as+described+in+the+beginning.+You+are+using+cloud-based+tax+software.+You+still+need+to+assemble+your+W-2+and+1099+documents,+but+you+no+longer+need+to+download+IRS+forms+since+the+software+will+prepare+the+forms+for+you.+Once+you+complete+entering+your+information,+you+will+file+electronically.+The+IRS+sends+your+refund+directly+to+your+bank+account.+If+you+owe+money,+the+IRS+will+automatically+deduct+the+amount+from+your+checking+account+in+7+days.
For+each+step+in+the+diagram+from+the+beginning,+enter+the+appropriate+symbol+and+label.+If+two+events+can+occur+at+the
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