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Tue March 26, 2013
Tax Season Brings Increase in E-filings
Rhode Island’s top tax official says more people are filing their returns electronically than ever before. The wait time for a refund may have something to do with it. E-filed returns are running four percent higher than last year. State tax administrator David Sullivan says by the time the tax season’s over, eighty percent of the state’s taxpayers will have filed electronically. Sullivan says more people are filing electronically because their refunds come faster. "You get your refund in about three to four weeks," Sullivan explains, "where if you file by paper sometimes it can be eight to ten weeks. So there’s definitely advantages to filing electronically." So far, about half of Rhode Island taxpayers have filed. The average refund is $536 – about $20 higher than last year.