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Why The IRS Should Pay You $3 to Efile
Posted By Jim On 02/15/2012 @ 7:06 am In Taxes | 7 Comments
My friend Kay at Don’t Mess With Taxes looked through some information provided by the Government Accountability Office and discovered that the IRS estimated it saved $3.10 per e-filed return . The information is on page one of the report  by the GAO in the footnote.
It’s estimated that, in 2009, it cost $3.29 to process a paper return compared to only nineteen cents for an electronic return. It should surprise no one that processing a paper return is more expensive but even I didn’t expect it to be over seventeen times more expensive. This is an improvement over 2008, when it cost $2.87 to process a paper return and 35 cents to process an electronic one.
So it’s kind of funny that it costs money to e-file.
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 saved $3.10 per e-filed return: http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2012/01/irs-saves-310-on-each-e-filed-return.html
 page one of the report: http://www.gao.gov/assets/320/316354.pdf
Thank you for reading!