Friday, March 22, 2013

Filing deadline less than one month away

There's less than one month to go for tax-filing season – which means there’s less than a month left to file your Rhode Island personal income tax return (due date: April 15, 2013).

“There’s always a last-minute rush every year. It’s human nature,” said Tax Administrator David M. Sullivan. “But you can beat the rush by filing early – and by filing electronically.” 

E-filing saves time and money, and results in fewer errors and faster processing, said Peter McVay, associate director of revenue services. And only by e-filing can you have your refund deposited directly into your bank or credit union account; you cannot have direct deposit if you file your return on paper, said Susan M. Galvin, chief of Tax Processing Services. E-filing is up 4 percent so far this year.

Filing season 2012
Filing season 2013


E-filed returns
+     4.02 %
Paper returns
-   35.20 %
2-D barcode returns
  -   17.98 %
Total returns:
  -     0.34 %
Cumulative figures for tax year 2011 returns filed through March 14, 2012, and tax year 2012 returns filed through March 20, 2013.