IRS announces record-breaking 2008 e-file statistics

Individual taxpayers e-filed almost 90 million tax returns during 2008, an increase of more than 12 percent over the prior year. Of the 155 million tax returns filed, about 58 percent were filed electronically.

"More people with home computers and businesses embraced electronic filing this year," said IRS Commissioner Doug Shulman. "Every year, more people realize that electronic filing is the safe, accurate way for taxpayers to complete their taxes and get faster refunds."

Tax Returns Filed by Individuals

While the total number of returns has increased by 23 percent during the past decade, the number filed electronically has increased by 206 percent.

This year, almost 27 million returns were filed by individuals from their home computers, up from 22.6 million last year ¯ a 19 percent increase. Filings from home computers accounted for 30 percent of all returns e-filed by individuals. Even though individual tax filings were spurred to unprecedented levels by the economic stimulus payments, the percentage of those e-filed increased to 58 percent.

Free File

During 2008, taxpayers with an adjusted gross income of $54,000 or less, or about 70 percent of individual taxpayers, had the option of choosing to e-file for free through IRS Free File, a partnership between the IRS and some software manufacturers. Almost 4.8 million tax returns were filed through Free File, an increase of 24 percent over last year's total of almost 3.9 million returns.

Refunds: Direct Deposit and IRS.gov Set Records

More taxpayers chose to receive their refunds through direct deposit during 2008. The agency made 66 million direct deposit payments in 2008, up 8 percent from 61 million payments at the same time in 2007.

Overall, the IRS issued 107 million tax refund payments in 2008, up almost 2 percent from 105 million refund payments for the same time in 2007. As of Oct. 31, the average refund for 2008 was $2,371, up 4 percent from $2,280 at the same time in 2007.

IRS.gov

Popularity of the IRS Internet site, IRS.gov, continues to increase. As of October 18, IRS.gov had been visited 326,522,488 times.

Tax Returns e-Filed by Businesses

Businesses also broke e-file records during 2008 by filing almost 2 million corporate and partnership income tax returns, an increase of more than 50 percent over the prior year. Partnership e-filings saw the steepest increase. Large partnerships, those with more than 100 partners, e-filed more than 27,000 returns during 2008, up 156 percent compared to the prior year's total.

Corporations and partnerships e-filed 1,944,421 tax returns during 2008, up 50 percent from last year's total of 1,294,475. The total number for e-filed returns that were not filed by individuals was 3,365,757, up 65 percent from last year's total of 2,172,753. This number includes forms e-filed by exempt organizations.

You may like these other stories...

The IRS has announced the special per diem rates for 2014-15 that taxpayers can use for substantiating the amount of ordinary and necessary business expenses incurred while traveling away from home. The new per diem rates...
The issue of international assignees was, for a long time, limited to a small number of companies – meaning only those that operated on an international scale. But in recent years, global expansion has shifted into...
Exclusive: Lois Lerner breaks silenceIn her first press interview since the IRS Tea Party targeting scandal broke 16 months ago, ex-agency official Lois Lerner told Politico that employers won’t hire her, she’s...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.