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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

Cumulative statistics comparing 2/15/13 and 2/14/14

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

 

 

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