Washington (Feb. 26, 2003) -- More than 1 million people so far have prepared and e-filed their taxes by using Free File, the new public-private partnership between the Internal Revenue Service and a consortium of tax software companies that offer free services to eligible taxpayers.
In its first five weeks, Free File logged approximately 1.3 million returns filed by taxpayers who met the software consortium’s criteria on age, income or state residency, according to the IRS.
"We are off to a strong start for the Free File program. For 1.3 million taxpayers, the benefits of Free File are invaluable. It's giving more people free access to the benefits of e-filing," said acting IRS commissioner Bob Wenzel.
Among other highlights for the 2003 filing season through late February:
- Total e-file receipts - 27 million, a 8.1 percent increase from last year;
- Average certified refund - $2,195, a 1.9 percent increase from last year;
- Direct deposit refunds - $55.8 billion, a 12.3 percent increase from last year.
-- Electronic Accountant Newswire staff
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access