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Software Tax (AXcess News) Washington - According to the Internal Revenue Service, more people are filing incomes taxes online than ever before. Taxpayers are continuing to e-file at a record pace. The biggest increase is in returns e-filed from home computers, up almost 17 percent over last year's figure.

file is the automated online filing system created by the Internal Revenue Service. Once you complete your income tax return, you can use Turbo Tax Online to electronically file your return online with the IRS. Filing taxes online allows you to get your tax refund in as little as 10 days instead of 6 weeks. Begin your tax preparation today, and file online when you're done.

Every Landlord Tax Deduction "Each year, we are seeing more taxpayers choosing e-file, with the highest growth belonging to those who file from a home computer," said IRS Commissioner Mark W. Everson. "E-file is a safe, accurate way to quickly finish your taxes and get your refund."

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Tax Help Of the 60.7 million returns filed so far this year 71.5 percent were e-filed, compared to 69.7 percent for the same period last year. While this percentage will decline as the April filing deadline approaches, the IRS expects that e-filed returns will make up more than half of all returns filed.

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Help Tax The IRS also released statistics from this year's Free File program, which are part of the self-prepared e-file category. About 2.65 million taxpayers used Free File through March 9. While this number dropped from 3.33 million returns filed during the comparable period last year, overall returns e-filed from home computers increased by nearly 17 percent.

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Ernst Ernst Guide Guide Tax "This is the first year of a new agreement with the Free File Alliance, and more than 70 percent of the nation's taxpayers qualify for free electronic filing," said Bert Dumars, Director of Electronic Tax Administration. "While the Free File numbers are down slightly, this remains an important e-file option that taxpayers should consider as the April filing deadline approaches."

Tax Return The agreement is between the IRS and the Free File Alliance, a consortium of tax preparation software companies that provide the service. Taxpayers must access Free File through IRS.gov.

Return Tax Record numbers of individuals are choosing to have their refunds directly deposited into bank accounts. Out of 50.7 million refunds issued so far this year, 37 million have been directly deposited, which is 73.1 percent of the total, compared to 69.8 percent for the same time last year.

Guide Guide Master Master Tax Taxpayers who e-file and choose direct deposit get their refunds in half the time of those who file paper returns. Even paper filers can get the benefits of direct deposit by choosing that option on their tax forms; they will get their refunds a week sooner than waiting for a paper check.

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