S.C. electronic filing increases more than 150,000
More than 1.3 million South Carolina taxpayers filed their state tax return electronically this year, an increase of 152,410 over last year, the S.C. Department of Revenue reported Wednesday (June 4).
The Federation of Tax Administrators (FTA), a national tax organization headquartered in Washington, D.C. that tracks states’ electronic filing programs, reported last week that 71% of South Carolina taxpayers filed by computer this year, keeping South Carolina among the top ten states with the largest percentage of taxpayers filing electronically.
It also appears South Carolina’s electronic filers filed earlier this year. The revenue department reached the one-million-electronic-filers milestone on March 24 this year, a mark it did not reach until April 4 last year. The number of taxpayers filing electronically for the first time amounted to an increase of 12.3% in electronic filing over last year.
To date, the revenue department has processed 2.1 million tax returns with electronic filing accounting for 66% of the total returns filed. Of the electronic filers, about 45,000 South Carolina taxpayers were able to file free by using the federal/state “Freefile” program, which allows some taxpayers meeting certain filing criteria to file their state and federal returns online at no cost.
The revenue department has issued 1,360,171 refunds to date with the average refund totaling $742. Counting extensions, the agency expects to process about 2.3 million returns by the end of the year.
In 1991, South Carolina became the first state to offer state and federal joint electronic filing. Since then, South Carolina has remained among the top 10 states with the largest percentage of taxpayers filing electronically.