The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the April 15 federal deadline. More than half of all tax returns are expected to be filed this year with the help of a tax professional. Those who don't e-file are now the exception.
Why would so many taxpayers choose to e-file? Since an e-filed return is computer processed, the processing time is quicker, so you can get your refund faster! Almost 77% of refund recipients receive their refunds through direct deposit, which is fast, safe and easy. Also, there is no more waiting in line at the post office, no more worrying if your return reached its destination, and no more writing out a check. You can pay any tax due by using the Electronic Federal Tax Payment System (EFTPS). Electronic payment options are convenient and secure. E-filing allows you to submit your tax return to the IRS in a quick, accurate and efficient way. You don't need to worry about attaching specific documents to certain pages or if the person at the IRS correctly keyed in your return.