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"Last Word"-Tax Toll

Monday, April 14, 2008

SUSIE GHARIB: And finally tonight, tax season is increasingly becoming a little more taxing. According to the National Taxpayers Union, the average person spent 26.5 hours in record keeping, calculations and sending out forms for the 2006 tax year. That's the latest data available. The average out-of-pocket cost, including those taxpayers who did their own taxes, was $207. That's up from $185 three years ago. The Internal Revenue Service expects to process nearly 140 million individual returns this year. And Jeff, about 23.5 million of them will be filed today or tomorrow.

YASTINE: There is always room for one more procrastinator, right.

GHARIB: I finished my taxes, weeks ago.

YASTINE: Still working on mine.

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