Tax Season by the Numbers

February 17, 2016

En Español

We’re a month into this year’s tax season, so let’s see how the numbers add up compared to previous tax seasons.

More than 3.3 million Indiana tax returns were filed in 2015 (for the 2014 tax year). A whopping 82.14 percent of returns were filed electronically. That’s a 14.68 percent jump compared to 2010! With 61 days remaining in this year’s tax season, more than one million returns already have been filed, 95 percent of which were filed electronically.

So, why are more taxpayers choosing to file electronically? Keep reading to see how e-filing stacks up to paper-filing:

  • Two million Indiana taxpayers qualify to file their federal and state tax returns online for free with Indiana freefile (INfreefile). That’s about two-thirds of Hoosier taxpayers! Have an adjusted gross income of $62,000 or less? You may be one of them! Compare vendor offers and get started at www.freefile.dor.in.gov.
  • E-filed returns are processed in about two weeks, while a paper-filed return can take up to 12 weeks to process.
  • E-filed returns have a two percent error rate, while paper returns have a 20 percent error rate. Sophisticated software checks for math errors and guides you through the filing process from start to finish.
  • You can file your taxes online 24/7, and online software vendors allow you to file your federal and state tax returns at the same time, so e-filing is a convenient option for many taxpayers.
  • More secure – Fewer people see your e-filed return, making it more secure.

When it comes to security, the department doesn’t cut corners. The Identity Protection Program was launched in 2014. Since its inception, the program has stopped more than $100 million in fraudulent tax refund attempts and helped thousands of Indiana taxpayers discover their identities had been stolen and used to file fraudulent tax returns.

To learn more about filing your individual income tax return, visit www.in.gov/dor/4703.htm.

For more information about stopping identity theft and tax fraud, visit www.in.gov/dor/4794.htm.

Want to stay up to date with tax season news and progress? Follow the department on Facebook and Twitter for updates!