More Taxpayers are Using the Revised Form 1040A

Changes made to allow persons with pension income to file the shorter Form 1040A appear to be working, and the growth in electronic filing continues.

The Internal Revenue Service today said that more 1040As have been filed than at this time last year, while there have been fewer 1040s and 1040EZs. Almost 4 million returns have been filed electronically, double the number at this time last year and nearly as many as during all of 1990.

This year, lines were added to Form 1040A to provide for the reporting of pension and annuity income, taxable Social Security benefits, the credit for the elderly and estimated tax payments. Special tax packages were sent to about 4.5 million persons who filed Form 1040 last year but who should be able to use the shorter form this year. Over 7 million 1040s have been filed, only 240,000 less than the number of 1040s. At this point last year, 1040s outpaced 1040As by over 1.6 million.

Compared to last year, the total number of returns filed was up 13 percent for the week ending Feb. 15, 1991, and down about 1 percent over all for the filing season. Refunds continue to run higher than last year, averaging $982, an increase of 11.7 percent. Over $4.9 billion in refunds has been certified by the IRS as of Feb. 15.

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