Today is the deadline for Americans to submit their 2013 income tax returns on time. Tax day is always a major event brought up by news outlets and stores offering sales for people to spend their tax refunds. But many people have already submitted their returns well before the deadline. How many people have waited until tax day this year compared with previous years?
In Ask Your Target Market’s latest survey, 13% of those filing tax returns this year said they waited until the very last minute. 20% filed earlier in April. 19% filed their tax returns in March. 35% filed their taxes in February this year. And 14% submitted their tax returns right away in January.
68% of those respondents said they have received or expect to receive a tax refund. 15% said they have to pay extra taxes. And 10% said theirs came out about even so they didn’t receive a refund or owe any additional money. Not surprisingly, those not expecting a refund were 23% more likely to wait until April to file.
Overall, 52% of respondents said they prepared their 2013 tax returns themselves. 40% said they paid a company or professional to prepare their tax returns. And the remaining 8% had their taxes prepared in other ways, like with the help of a friend or relative.
But this isn’t the first year that many people have waited to submit their tax returns. 6% of respondents said they always wait until the last minute to file their taxes. Another 12% said they have waited until the last minute many times. 17% have done so once or twice. And 66% said they have never waited until tax day to submit their tax returns.
You can view the complete survey results in the widget below and be sure to click “Open Full Report” to take advantage of all the chart and filter options.
What do you want to know? If you need some consumer insights on a particular topic, let us know in the comments below and we’ll consider it for an upcoming survey post.
Results were collected on April 14 via AYTM’s online survey panel.