2014 Filing Season Continues with Higher Refunds Issued
2014 Filing Season Continues with Higher Refunds Issued
The IRS has released 2014 tax filing season statistics showing that 15 percent more refunds were already issued this year, compared to 2013 figures. Additionally, the average federal refund totaled $3,211, an increase of $190 compared with the same period a year ago.
The statistics issued today, covering the period through Feb. 14, show that while the overall number of tax returns filed this year is down slightly, less than a percentage point, nearly 95 percent of all returns received were filed electronically.
For more information on tax credits available for this filing season and other tax questions, visit IRS.gov to use our Interactive Tax Assistant online tool. You may also use our Where’s My Refund? tool to get up-to-date refund information.
2014 FILING SEASON STATISTICS |
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Cumulative statistics comparing 2/15/13 and 2/14/14 |
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Individual Income Tax Returns: |
2013 |
2014 |
% Change | ||
Total Receipts |
39,531,000 |
39,224,000 |
-0.8% | ||
Total Processed |
30,762,000 |
38,385,000 |
24.8% | ||
E-filing Receipts: | |||||
Total |
37,112,000 |
37,165,000 |
0.1% | ||
Tax Professionals |
20,028,000 |
18,953,000 |
-5.4% | ||
Self-prepared |
17,084,000 |
18,212,000 |
6.6% | ||
Web Usage: | |||||
Visits to IRS.gov |
123,945,553 |
122,140,734 |
-1.5% | ||
Total Refunds: | |||||
Number |
27,100,000 |
31,308,000 |
15.5% | ||
Amount |
$81.861 |
billion |
$100.541 |
billion | 22.8% |
Average refund |
$3,021 |
$3,211 |
6.3% | ||
Direct Deposit Refunds: | |||||
Number |
24,957,000 |
27,748,000 |
11.2% | ||
Amount |
$77.888 |
billion |
$89.593 |
billion | 15.0% |
Average refund |
$3,121 |
$3,229 |
3.5% |
Source: Internal Revenue Service at http://www.irs.gov/uac/Newsroom/2014-Filing-Season-Continues-with-Higher-Refunds-Issued