IRS reports 9 out of 10 tax returns were filed electronically this year!
IRS reports that over 90% of individual income tax returns were filed electronically this year! Not only are you supporting the fight in saving trees, but there are many more benefits to electronic filing compared to paper filing.
The cost of paper filing may be cheaper by certain standards, but the refunds take longer to be delivered and processed. There is also a risk of error when clerks manually transfer paper data at the IRS Service Center; therefore, it requires more diligence from filers in verifying accuracy and legibility of their information to avoid delay or rejection by IRS.
It is hard to imagine that anyone would opt to paper file; however, e-filing is not for everyone. About 33% of households do not have access to the internet at home, so paper filing is the only option. Another reason may be if filing when electronic filing is not accessible online (before January 1 and after October 15).
CLICK HERE to read more on when paper filing is the a better option.
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