As Tax Day Nears, IRS Reports That Filings, Refunds Remain Off-Pace Compared To Last Year - News Summed Up

As Tax Day Nears, IRS Reports That Filings, Refunds Remain Off-Pace Compared To Last Year


As of the week ended March 29, the IRS has received 92,861,000 individual income tax returns. That compares with 94,139,000 individual income tax returns received by the same time last year, a drop of more than 1.2 million returns. As of the week ended March 29, the IRS has processed 90,280,000 individual income tax returns. That compares with 91,593,000 individual income tax returns processed by the same time last year, a dip of more than 1.3 million returns. The IRS has issued just 71,755,000 tax refunds so far this year as compared to 73,396,000 tax refunds for the same period last year.


Source: Forbes April 10, 2019 02:37 UTC



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