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E-Filing Taxes from Home Computers Up 17 Percent

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Software Tax (AXcess News) Washington - According to the Internal Revenue Service the number of people filing income taxes online from their home computers is up substantially over last year.

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Every Landlord Tax Deduction "People using tax preparation software is driving the increase in e-filing," said IRS Commissioner Mark W. Everson. "Taxpayers can rely on e-file as a safe, accurate way to quickly finish their taxes and get a refund."

Electronic filing is a fast, convenient and accurate way to file your taxes directly with the IRS via the Internet. Millions of taxpayers take advantage of this convenient free tax efile service every year. from quicker refunds to having your refund deposited directly into your checking or savings account. In addition, when you use free tax efile you£ or state taxing agency has received it.

Tax Help So far this tax filing season, 70 percent of all returns have been e-filed, compared to 68 percent for the same period last year. As of last Friday, 28 percent of e-filed returns were filed by people using their home computers, up from 25 percent of e-filed returns for the same period last year.

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Help Tax More than 13 million returns have been filed this tax season by people e-filing from the comfort of their own homes, up from just over 11 million for the same period last year.

Specifically, 11 states report revenue lower than projected, 17 say it is on target and 22 say revenue exceeded budgeted estimates. Regarding specific revenue sources, the sales tax was 2 percent higher than budgeted estimates, the personal income tax was 6 percent lower and the corporate income tax exceeded projections by 4.4 percent, according to the report.

Ernst Ernst Guide Guide Tax Also, more people are choosing to have their tax refunds directly deposited than ever before. So far this year, the IRS has directly deposited almost 40 million refunds, or 70 percent of all refunds issued this tax filing season, up from 67 percent of the total for the same period last year.

Tax Return People are also visiting the IRS Web site- IRS.gov- in record numbers. The IRS has recorded almost 84 million unique visits to IRS.gov this year, up from 80 million for the same period last year, an increase of 6.5 percent.

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