Its very obvious that now a days more than 60% people file federal tax return online instead of paper. People are rady to buy good softwares such as Turbo Tax which is making these softwares hugely popular.

But why is online tax return filing so popular than Paper version? Paper filing at one point of time was dominating the entire market.

Well the clear answer to that is that there are multiple reasons such as -

1. Preparation of Paper version takes a lot of time when compared to preparing it online. People used to spend 2-3 hrs to fill the paper version only to discover that they have made some mistake.

2. Online Tax return guarantees faster processing and quick refund. People have received their refunds in as low as 1 week since the IRS doesn't has to spend much time to validate the returns as the softwares such as Turbo Tax or HR Block already have done the validation for you.

3. Online Tax return are lot less or negligible prone to errors. This is possible because the likes of Turbo Tax Software or HR Block already have logic built in that will advise in case one is making any errors when filing the returns.

4. The Tax retrun software companies are making guarantees that they will get Maximum Tax Refund for you.

All these points have made online tax return filing hugely popular. This has been complemented by softwares such as Turbo Tax which have made this process extremely easy.