How Do Americans File Their Taxes?

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During tax season, we’re all searching for the most convenient way to file our taxes. To avoid issues, we each have our own methods and tools. Having a friend who is good at filing taxes might be your secret weapon, along with property management software (TenantCloud, for instance) which offers a tax preparation report.

Hiring a tax professional or using IRS forms and performing calculations yourself – that’s  your choice. But don’t be among the 10% of Americans who don’t file taxes at all.

 

How do Americans file their taxes?

of Americans pay income tax

of tax returns are filed by paid preparers

ask a friend to help them file their taxes

of taxpayers use a tax preparation report

don’t file taxes at all

use IRS forms and perform calculations themselves

tax preparation report


Form 1040, Schedule E, Supplemental Income and Loss: Tax Season 2020

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