A week ago, I asked how you guys will be preparing your taxes. As of this writing, just over 340 readers have responded, and the results are quite interesting. By far, the most popular response (with 48% of all votes) was commercial tax prep software, followed by a professional tax preparer (25%), electronic fillable forms (20%), and filling out paper forms manually (6%).
This week, I’m interested in hearing about how you’ll be filing your taxes. While those that fill out their forms by hand (paper and pencil) don’t have a choice, most everyone else does. For example, even if you use commercial tax prep software, you can either e-file or print and mail your return. The same goes for using a professional preparer.
Looking at the graph below, you can you that e-filing has become increasingly popular in recent years, with nearly 70% of all returns filed in 2010 (corresponding to the 2009 tax year) being e-filed. Based on these data, one can only assume that the 2011 numbers will be even higher.
And now, time for the poll…
As for us, we’ll be mailing hard copies of our returns this year. It’s not that I have anything against e-filing… In fact, when we’ve used TurboTax in the past, we’ve always e-filed. So why are we mailing a hard copy now? Mainly because that’s how our tax guy does things.
What about you? Are you mailing hard copy or e-filing your return? Please vote in the poll above, and also feel free to leave a comment to provide a bit of context.