EducationTax NewsIRS Sees Increase in Tax Filings from Home Computers

March 14, 20140

More than 27 million taxpayers have filed their tax returns from their home computers so far this tax season, an increase of almost 6 percent compared to last year.

The total number of individual income tax returns e-filed so far this year is 62.2 million. E-file includes both returns filed from home computers and returns e-filed by professional tax return preparers.

These 27 million taxpayers who filed their own taxes from home used a variety of software products to prepare and electronically file their own tax returns. However, the IRS is reminding people that they can prepare and e-file their federal tax returns online for free through Free File at IRS.gov, which provides links to brand-name software from 14 tax prep vendors for taxpayers whose income was $58,000 or less, or online fillable forms from the IRS for taxpayers who earned more last year.

 

The IRS provided a comparison of tax season filing statistics table as of March 7, 2014:

 

2014 FILING SEASON STATISTICS

Cumulative statistics comparing 3/08/13 and 3/07/14

Individual Income Tax Returns:

2013

2014

% Change

Total Receipts

67,143,000

67,183,000

0.1

Total Processed

60,944,000

65,662,000

7.7

 

 

 

 

E-filing Receipts:

 

 

 

TOTAL

61,488,000

62,213,000

1.2

Tax Professionals

35,585,000

34,816,000

-2.2

Self-prepared

25,903,000

27,397,000

5.8

 

 

 

 

Web Usage:

 

 

 

Visits to IRS.gov

197,651,780

181,196,235

-8.3

 

 

 

 

Total Refunds:

 

 

 

Number

53,447,000

55,434,000

3.7

Amount

$154.696 Billion

$164.586 Billion

6.4

Average refund

$2,894

$2,969

2.6

 

 

 

 

Direct Deposit Refunds:

 

 

 

Number

47,177,000

47,976,000

1.7

Amount

$142.861 Billion

$146.305 Billion

2.4

Average refund

$3,028

$3,050

0.7

 
 
       
       
       
       
       
       
       
       
       
       
       
       
       
       
           
       
       
       
       
           
       

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Managed by MK Management Group

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