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IR-2013-52: More taxpayers e-file from home in 2013
WASHINGTON — The Internal Revenue Service today provided updated statistics showing continued growth in electronic filing of tax returns. So far in 2013, more than 43 million people have self-prepared and e-filed their tax returns from home, an increase of more than 4 percent compared to the prior year.
Through May 10, the IRS received more than 43.6 million self-prepared e-file returns, up from 41.7 million a year earlier. E-filed returns from tax professionals increased slightly, reaching almost 70.4 million. In all, almost 114 million tax returns came in through e-file this year, up from 112.1 million at this point last year.
Other highlights from the new filing season statistics show:
During 2013, the IRS issued more than 101 million refunds worth almost $268 billion.
Almost 80 percent of refunds used direct deposit.
More people are using IRS.gov to get answers, file their returns and resolve issues. So far in 2013, the IRS web site has been accessed more than 300 million times, up almost 25 percent compared to the same time last year.
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2013 FILING SEASON STATISTICS |
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Cumulative statistics comparing 5/11/12 and 5/10/13 |
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| Individual Income Tax Returns: |
2012 |
2013 |
% Change |
||
| Total Receipts |
135,473,000 |
134,349,000 |
-0.8 |
||
| Total Processed |
130,261,000 |
129,674,000 |
-0.5 |
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| E-filing Receipts: |
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|
|
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| TOTAL |
112,089,000 |
113,954,000 |
1.7 |
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| Tax Professionals |
70,344,000 |
70,380,000 |
0.1 |
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| Self-prepared |
41,745,000 |
43,574,000 |
4.4 |
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| Web Usage: |
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|
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| Visits to IRS.gov |
255,269,615 |
318,408,842 |
24.7 |
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| Total Refunds: |
|
|
|
||
| Number |
102,522,000 |
101,082,000 |
-1.4 |
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| Amount |
$277.180 |
Billion |
$267.946 |
Billion |
-3.3 |
| Average refund |
$2,704 |
$2,651 |
-2.0 |
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| Direct Deposit Refunds: |
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|
|
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| Number |
79,308,000 |
79,880,000 |
0.7 |
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| Amount |
$231.656 |
Billion |
$228.467 |
Billion |
-1.4 |
| Average refund |
$2,921 |
$2,860 |
-2.1
|
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IRS Special Edition Tax Tip 2013-10: Summer Job Tax Information for Students
When summer vacation begins, classroom learning ends for most students. Even so, summer doesn’t have to mean a complete break from learning. Students starting summer jobs have the opportunity to learn some important life lessons. Summer jobs offer students the opportunity to learn about the working world – and taxes.
Here are six things about summer jobs that the IRS wants students to know.
- As a new employee, you’ll need to fill out a Form W-4, Employee’s Withholding Allowance Certificate. Employers use this form to figure how much federal income tax to withhold from workers’ paychecks. It is important to complete your W-4 form correctly so your employer withholds the right amount of taxes. You can use the IRS Withholding Calculator tool at IRS.gov to help you fill out the form.
- If you’ll receive tips as part of your income, remember that all tips you receive are taxable. Keep a daily log to record your tips. If you receive $20 or more in cash tips in any one month, you must report your tips for that month to your employer.
- Maybe you’ll earn money doing odd jobs this summer. If so, keep in mind that earnings you receive from self-employment are subject to income tax. Self-employment can include pay you get from jobs like baby-sitting and lawn mowing.
- You may not earn enough money from your summer job to owe income tax, but you will probably have to pay Social Security and Medicare taxes. Your employer usually must withhold these taxes from your paycheck. Or, if you’re self-employed, you may have to pay self-employment taxes. Your payment of these taxes contributes to your coverage under the Social Security system.
- If you’re in ROTC, your active duty pay, such as pay received during summer camp, is taxable. However, the food and lodging allowances you receive in advanced training are not.
- If you’re a newspaper carrier or distributor, special rules apply to your income. Whatever your age, you are treated as self-employed for federal tax purposes if:
- You are in the business of delivering newspapers.
- Substantially all your pay for these services directly relates to sales rather than to the number of hours worked.
- You work under a written contract that states the employer will not treat you as an employee for federal tax purposes.
If you do not meet these conditions and you are under age 18, then you are usually exempt from Social Security and Medicare tax.
Visit IRS.gov, the official IRS website, for more information about income tax withholding and employment taxes.
Additional IRS Resources:
- Your First Job
- Tax Information for Students
- IRS Withholding Calculator tool
- Form W-4, Employee Withholding Allowance Certificate
- Self-Employed Individuals Tax Center
- Student’s Page – High School
- Student’s Page – Higher Education
- Frequently Asked Questions – W 4 Allowances, Excess FICA, Students, Withholding
Stacie's Tax Stuff 