Answer: Among those who filed electronically, 43% prepared their own returns

Questions:

• What do you think are the factors that determine whether someone files their own returns or hires a professional to do it? 
• Do you hope to be able to file your own tax returns? Why or why not?
• What are resources that you can use to make filing your own returns easier? 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the Numbers (e-file.com)

• United States taxpayers who self prepare and efile their own tax returns has continued to grow. In 2018 (for Tax Year 2017), over 53,929,000 million taxpayers have prepared and efiled their federal tax returns themselves as of May 2018. 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

More posts by Tim