December 4, 2013 10:59 am

E-Filing Up in 2013

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

Tags: e-filing
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Tax Glossary

Foreign earned income exclusion

In 2007, up to $85,700 of foreign earned income is exempt from tax if a foreign residence or physical presence test is met.

More terms