Thursday, March 7, 2013

Most Rhode Islanders e-file

The overwhelming majority of taxpayers are choosing to file their Rhode Island personal income tax returns electronically instead of on paper.

For the tax-filing season thus far, about 96 percent of taxpayers have e-filed, up from 91 percent at approximately the same point a year ago.

“It’s early in the season, and nearly all returns filed at this time of year are e-filed,” said Rhode Island Tax Administrator David M. Sullivan. “Still, the early results show that e-filing continues to be popular. The more taxpayers learn about e-filing, the more they like it,” Sullivan said. E-filing saves taxpayers money: processing an e-filed return costs far less than processing a paper return, he said.




Filing season 2012
Filing season 2013
Difference
E-filed returns
207,090
212,263
+  2.5%
Paper returns
15,440
6,034
-  60.9%
2-D barcode returns
4,362
2,591
-  40.6%   
Total returns:
226,892
220,888
 -   2.6% 
Cumulative figures for tax year 2011 returns filed through February 29, 2012, and tax year 2012 returns filed through March 6, 2013.