More than Half of all Income Tax Returns Have Been Received
More than Half of all Income Tax Returns Have Been Received.
With the tax deadline getting closer, the IRS has received more than half of all the returns it expects to receive during 2014, the agency announced today. The IRS received more than 75 million individual tax returns as of March 14 and projects that it will receive about 149 million individual income tax returns by the end of the year.
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2014 FILING SEASON STATISTICS |
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Cumulative statistics comparing 3/15/13 and 3/14/14 |
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| Individual Income Tax Returns: |
2013 |
2014 |
% Change |
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| Total Receipts |
74,882,000 |
75,100,000 |
0.3 |
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| Total Processed |
69,153,000 |
73,157,000 |
5.8 |
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| E-filing Receipts: |
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|
|
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| TOTAL |
68,029,000 |
68,966,000 |
1.4 |
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| Tax Professionals |
40,117,000 |
39,413,000 |
-1.8 |
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| Self-prepared |
27,912,000 |
29,553,000 |
5.9 |
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| Web Usage: |
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|
|
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| Visits to IRS.gov |
218,469,657 |
195,637,190 |
-10.4 |
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| Total Refunds: |
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|
|
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| Number |
60,243,000 |
61,645,000 |
2.3 |
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| Amount |
$172.494 |
Billion |
$179.793 |
Billion |
4.2 |
| Average refund |
$2,863 |
$2,917 |
1.9 |
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| Direct Deposit Refunds: |
|
|
|
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| Number |
52,414,000 |
52,770,000 |
0.7 |
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| Amount |
$157.786 |
Billion |
$158.983 |
Billion |
0.8 |
| Average refund |
$3,010 |
$3,013 |
0.08 |
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Source: Internal Revenue Service at http://www.irs.gov/uac/Newsroom/More-than-Half-of-all-Income-Tax-Returns-Have-Been-Received-IRS-Issues-Publication-on-Business-Expenses
