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Using a tax preparation program, filing fees typically start as low as $0 or $10 to file federal and state returns using a basic 1040 form and go up to around $80 or so for more premium or deluxe versions ideal for business owners, landlords, investors, homeowners and others with wider tax-filing needs. Tax-filing software is a popular option most likely due to the lower costs associated with filing digitally, as well as the ease of using a program to automate calculations and file online. The next most common answer was “none of the above,” which respondents selected 23.1 percent of the time.Įxcluding the respondents who answered “None of the above,” GOBankingRates compared different methods of filing taxes to get insights into how taxpayers are most likely to file their taxes this year.Ī “digital tax-prep tool” is the most popular option among tax filers, with more than a third (34.5 percent) of survey respondents saying this is the method they use to file taxes. Of the answers offered, the most popular way to file taxes is with a digital tax-prep tool with 26.6 percent of respondents selecting this answer.
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Related: How to Save Money If You Owe Taxes This Year New Poll Reveals Most Popular Ways to File Taxes But figuring out which method is best for you can be hard, which is why GOBankingRates polled thousands of Americans to uncover their tax-filing habits. Read on to see how your 2016 tax-filing plans compare to taxpayers’ tax-filing preferences, as well as the pros and cons of the different tax-filing methods. But, have you thought about how you’re going to actually file your taxes?įrom tax preparation software programs to tax accountants, there are numerous ways you can file your taxes in 2016. Or, you’re already anticipating the arrival of your big tax refund later this year.
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With tax season coming up, you might be in the process of gathering all of your tax forms.