21 Million Tax Returns Filed Online
More than half of Canadians are now using professional EFILE services to do their taxes and despite the Heartbleed bug, close to 7 million Canadians used NETFILE to transmit their returns.
In all, over 21 million of the 27 million total tax returns filed to July 2 were transmitted online according to CRA. That represents 80% of all returns expected and an increase of 6% in online filing over last year. That makes just over 5 million taxfilers who are still using the paper method.
In addition, 54% of taxpayers had their tax refunds deposited directly into their bank accounts. The tax filing stats appear below:
|
T1 Returns received from February 10 to July 2, 2014
|
|
Method of Filing
|
# of returns filed
|
%
|
|
NETFILE
|
6,974,909
|
26%
|
|
EFILE
|
14,300,350
|
54%
|
|
Total - electronic (NETFILE + EFILE)
|
21,275,259
|
80%
|
|
Paper
|
5,429,976
|
20%
|
|
Total - all methods
|
26,705,235
|
100.00
|
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