Nearly 60% of Americans got help doing their taxes this year

Hanna Horvath Headshot

By

Hanna Horvath, CFP®

Hanna Horvath, CFP®

CERTIFIED FINANCIAL PLANNER™ & former Managing Editor, Growth

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and former managing editor for growth at Policygenius. She helped produce the Easy Money newsletter. She passed her exam to become a CERTIFIED FINANCIAL PLANNER™ in November 2020.

Hanna's work has appeared in NBC News, Business Insider and Inc. Magazine. She is regularly quoted in top media outlets, including CNBC, Best Company and HerMoney. She has also appeared on the Money Moolala podcast and All's Fair podcast.

Prior to Policygenius, Hanna wrote for KNBC in Los Angeles and WNBC in New York. When she isn't writing, she's (often) running, (usually) cooking and (sometimes) doing photography.

Published April 11, 2019|1 min read

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Many Americans enlisted help when it came time to square up with Uncle Sam this year. A new Policygenius survey found 58% of people either used a tax accountant or tax software to file their 2018 taxes.

The assistance came in handy: 61% of Americans who have sent in their returns said the process was easier than in previous years — despite major changes to the tax code going into effect this season.

The results are based on a Policygenius survey, conducted by SurveyMonkey, of a nationally representative sample of 1,052 Americans from April 4 to April 5, 2019. It has a margin of error of 3%.

Your tax filing options

Americans have several options when it comes time to file returns each year. They can use tax software, which costs between $25 and $110, depending on how complex the returns are. They can also hire a tax specialist, which costs, on average, $176, according to the National Society of Accountants.

It's also possible to do your taxes for free. The Internal Revenue Service offers free e-filing to taxpayers who make under $66,000 a year via Free File Inc. Several tax software services also offer free federal filing for low-income Americans. Alternately, you can just do your taxes the old-school way with a pen and paper.

If you haven’t filed yet, now is the time to start. The deadline is Monday, April 15. You can read our guide to filing taxes to get your returns in on time.

Image: Kelly Sikkema