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IRS sets e-filing record, expects more electronic returns later today

April 18, 2011

With the tax filing (and paying) deadline just hours away, the IRS seems to be channeling, at least via its announcements, the annual Jerry Lewis fundraising telethon.

Computer taxes Case in point, word from the Washington tax headquarters that taxpayers set a record this weekend for e-filed tax returns, topping 100 million for the first time.

The record electronic filing was helped by a surge of e-filings over the weekend. By early this April 18 filing deadline morning, the IRS said it had received nearly 101 million electronically submitted returns this filing season. That's an 8.8 percent increase from last year.

Even better for e-filing advocates at the IRS, this weekend's e-filings pushed that category past the calendar year 2010 total of 98.7 million tax e-filed returns.

By the time more tax procrastinators file today, not to mention those who'll get extensions and then file nearer the Oct. 17 extension deadline thanks to Form 4868 filings, the e-filing record probably will be smashed.

But the filing stat fun doesn't stop with just 2011 numbers.

Overall, the IRS is nearing another electronic milestone. It soon will hit 1 billion tax returns filed electronically since the e-file program went national in 1990.

If you're still working on your 2010 taxes, and you do have about eight hours to finish up, chances are you'll add to the e-file numbers.

To help you be a part of the IRS record-setting season, you can find some final filing reminders in:

Finally, don't wait too long.

Although you have until midnight to hit "enter" and be done with your taxes for the year, don't take that chance. A couple of years ago there were problems with very last-minute e-filed returns getting through.

So give yourself, and your computer, a little breathing room.

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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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