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Electronic tax filing popularity continues to grow

April 26, 2014

All in all, it was a pretty uneventful tax filing season.

The relatively smooth 2014 filings probably are due in large part because we taxpayers didn't have to deal with last-minute changes by Congress in tax laws.

That's also probably why the number of returns that the Internal Revenue Service reported receiving a few days after the April 15 deadline, was slightly ahead of last year's filing pace.

IRS numbers crunchers report that as of April 18 the agency had received more than 131 million returns. That's 0.7 percent more than at that time last year.

The increase that the IRS really likes seeing, however, is in the e-filing category. Overall, almost 116 million 1040 forms arrived electronically.

That's just more than 88 percent of filings. It's also an increase in 2014 of 2.9 percent over the e-filing figures at the same point in the 2013 filing season.

The big jump, however, comes in the self-prepared and electronically filed category. The IRS says nearly 46 million of us did our returns ourselves and then hit "send" on our computer keyboards. That's a 6.5 percent increase.

It was a tough call, but this week's By the Numbers honor goes to the almost 46 million returns that so far have been electronically filed directly by John and Jane Taxpayers.

For all you digits geeks, here are the rest of the IRS' cumulative tax-filing stats comparing weeks ending April 19, 2013, and April 18, 2014:

Individual Income
Tax Returns


2013

2014
Percent Change
Total Receipts 130,203,000 131,170,000 0.7
Total Processed 120,737,000 125,604,000 4.0
E-filing Receipts      
Total 112,665,000 115,969,000 2.9
Tax Professionals 69,474,000 69,992,000 0.7
Self-prepared 43,191,000 45,977,000 6.5
Total Refunds      
Number 93,839,000 94,809,000 1.0
Amount $249.489 billion $254.702 billion 2.1
Average Refund $2,659 $2,686 1.0
Direct Deposit Refunds      
Number 76,135,000 76,714,000 0.8
Amount $217.189 billion $217.657 billion 0.2
Average Refund $2,853 $2,837 -0.5

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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