@sederberg_22 I said earlier that over 50 million returns were e-filed. Correct that to nearly 200 million returns.
Per the IRS:
https://www.irs.gov/statistics/returns-filed-taxes-collected-and-refunds-issued
Highlights of the Data
- The IRS collected close to $3.5 trillion in gross taxes in Fiscal Year (FY) 2020 (Tables 1 and 5) and issued almost 122 million refunds (Table 7), amounting to more than $736.2 billion (Tables 1 and 8).
- The IRS processed more than 240.2 million Federal tax returns and supplemental documents (Tables 2 and 3) in FY 2020.
- Nearly 195.2 million returns and other forms were filed electronically. These represented 81.3 percent of all filings, an increase of 5.7 percent over the share of electronic filing in FY 2019. Almost 94.3 percent of individual tax returns were filed electronically (Table 4).
Try sharing that information with the lender who insists on a "signed" Form 1040.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
