IRS reports two out of three individuals using e-file

The IRS is reporting that individuals e-filed a record 95 million federal income tax returns during 2009, up almost 6 percent from last year’s total of nearly 90 million. About two out of three taxpayers e-filed this year; out of the 141 million returns filed so far this year, over 67 percent were e-filed, compared to 59 percent last year.

Each year, more taxpayers chose to e-file their tax returns. While the total number of tax returns has increased 10 percent during the past decade, the number filed electronically has increased by 168 percent. Taxpayers who e-file from a home computer continue to be an increasingly significant segment of those who e-file.

 

Year

  Filed

Total

Returns

e-Filed

  Returns

Percent

e-filed

2000

128,430,000

35,412,000

27.57%

2001

130,965,000

40,244,000

30.73%

2002

131,728,000

46,892,000

35.60%

2003

131,557,000

52,944,000

40.24%

2004

132,200,000

61,507,000

46.53%

2005

133,933,000

68,476,000

51.13%

2006

136,071,000

73,255,000

53.84%

2007

140,188,000

79,979,000

57.05%

2008

153,650,000

89,853,000

58.48%

2009

141,376,000

94,980,000

67.18%

 

Home Computer e-Filers

This year, for the first time, more than a third of e-filers are those doing it themselves from a home computer More than 32 million returns were e-filed from home computers, up almost 20 percent from last year’s record of 27 million. People filing from their home computers account for about 34 percent of all e-filed returns from individuals.

Direct Deposit Refunds

Almost 73 million refunds were electronically deposited into taxpayer’s accounts, saving the government mailing costs and saving taxpayers a trip to the bank. More importantly, these taxpayers received their refunds a week sooner than those receiving a paper check.

These direct deposit refunds accounted for 66 percent of all refunds, up from 62 percent of refunds last year. Overall, the IRS issued 110 million refunds, averaging $2,753 per refund; direct deposit refunds averaged $2,997 per refund.

Free File
 
More than 3 million taxpayers filed their tax returns for free through the IRS free file program. This year for the first time, taxpayers could also file directly to the IRS by completing a Form 1040 on IRS.gov; 273,000 taxpayers used this new way to file.

 

 

2009 FILING SEASON STATISTICS

 

Cumulative through the weeks ending 10/17/08 and 10/16/09

 

Individual Income Tax Returns

2008

2009

% Change

Total Receipts

153,650,000

141,376,000

-8.0%

Total Processed

152,759,000

140,718,000

-7.9%

 

 

 

 

E-filing Receipts:

 

 

 

TOTAL

89,853,000

94,980,000

5.7%

Tax Professionals

62,932,000

62,786,000

-0.23%

Self-prepared

26,921,000

32,193,000

19.6%

 

 

 

 

Web Usage:

 

 

 

Visits to IRS.gov

323,463,010

266,631,821

-17.57%

 

 

 

 

Total Refunds:

 

 

 

Number

106,200,000

110,071,000

3.6%

Amount

$251.827

Billion

$303.069

Billion

20.3%

Average refund

$2,371

$2,753

16.1%

 

 

 

 

Direct Deposit Refunds:

 

 

 

Number

66,240,000

72,717,000

9.8%

Amount

$179.708

Billion

$217.915

Billion

21.3%

Average refund

$2,713

$2,997

10.5%

You may like these other stories...

Bank Leumi said to face $300 million demand in tax caseDavid Voreacos and Greg Farrell of Bloomberg reported on Wednesday that New York’s banking regulator will ask for more than $300 million to settle an investigation...
Mike "the Situation" Sorrentino, one of the stars on the former TV show "Jersey Shore," is in the middle of…well, a tax situation.On October 23, the erstwhile reality show attraction was arraigned...
Deal to lock in US tax cuts is bubbling up on the HillSome US lawmakers are exploring a post-election deal that would lock in permanent tax cuts for major corporations and low-income families, Richard Rubin of Bloomberg...

Already a member? log in here.

Upcoming CPE Webinars

Nov 5Join CPA thought leader and peer reviewer Rob Cameron and learn ways to improve the outcome of your peer reviews while maximizing the value of your engagement workflow.
Nov 18In this session Excel expert David Ringstrom, CPA tackles what to do when bad things happen to good spreadsheets.
Nov 19How do you minimize redundant work and unnecessary steps to maximize the amount of work moving through your firm?
Nov 20Kristen Rampe will share how to uncover new opportunities with your clients by asking powerful questions.