Final statistics for the 2013 filing season (for 2012 income tax returns) show that e-filings increased by 2.5%. A total of more than 122 million returns were e-filed by tax professionals or by taxpayers using software and online options.
Refunds were down slightly. The average refund check was only $2,744, compared with $2,794 in the prior year. But use of direct deposit for refunds increased by 1.2%.
Source: IR-2013-94
A statutory method of depreciation allowing accelerated rates for most types of property used in business and income-producing activities during the years 1981 through 1986. It has been superseded by the modified accelerated cost recovery system (MACRS) for assets placed in service after 1986.