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Online filers taking over

http://www.jewishworldreview.com | (UPI) -- More and more Americans are turning to the computer to prepare their taxes and submit them online.

This year is forecast to be the first time more self-prepared tax forms are completed with software and online applications rather than with pen and tax forms, the tax preparation firm H&R Block reports.

The Internal Revenue Service predicts 26 million Americans will use tax software and online applications this year -- a 10 percent increase from last year.

Meanwhile, pen-and-paper returns are expected to drop by 14 percent to an estimated 21 million. People are switching to filing online for the time savings and accuracy.

According to H&R Block, software solutions for filing taxes can cut tax prep time from about 12 hours to about two hours.

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