IRS says early filers prefer e-file

Posted by Joe on March 6th, 2008

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Those Americans that have filed their taxes in the first two months of 2008 are more likely to e-file their returns then ever according to statistics release by the Internal Revenue Service this week.

Over 38 million people have filed their 2007 tax returns as of the end of February 2008, which is a 5% increase from last year. Additionally, nearly one third of early filers submitted their tax return online, which is up 14% from 2006 returns.

The IRS is happy to see the e-file trend grow as officials work to move the organization to full force into the digital age. According to IRS Acting Commissioner Linda Stiff, “e-filing continues to be the preferred way to file your tax return.”

Taxpayers are also seeing a bump up in the money they are getting back from the government so far this year. The average tax return for early filers is $2,708. Last year’s average tax return was $2,655.

There are many reasons to prepare and file your taxes online. Learn more in our free guide to online tax preparation and e-file.

• Save time, money and hassle with online tax preparation
• Top ten reasons to prepare your taxes online and efile in 2008
• Economic stimulus and your 2007 tax return
• $800 million in tax benefits go unclaimed
• USA Today selects TurboTax as top online tax preparation service