Americans spend 2.65 billion hours yearly preparing their income taxes
2.65 bln hrs
Americans spend about 2.65 billion hours per year working on their personal income taxes.
Published| Photo by Reuters/Jonathan Ernst
That’s more than the amount of hours spent in other activities, like searching for work 💼, golfing🏌🏽♀️, working out 🤸🏿♀️, and fishing 🐟.
Time spent per activity in the US
Americans waste an average of 17.6 hours working on their taxes, much more than the five minutes that Estonians spend on theirs.
In the Baltic country, taxpayers only need to go online and approve a pre-made form using an electronic signature.