tax pros preparing 46 percent of e-filings

the crunch hasn’t hit irs.gov yet.

by 卡塔尔世界杯常规比赛时间

five weeks into tax filing season, refunds are well past the $100 billion mark and processing is clipping along merrily. year-to-year comparisons remain challenging because of the difference in season dates: feb. 12 to may 17, 2021, vs. jan. 24 to april 18, 2022.

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as of march 4, the latest data available, the agency had received 54.7 million individual income tax returns, down 1.7 percent from the same week in 2021. it had processed 53.1 million returns, up 8.3 percent. we always look at how quickly the returns coming in are processed, and right now that rate is 96.9 percent.

e-filings

electronic filings make up the vast majority – 97.2 percent – of submissions. the total of 53.2 million is down 1.3 percent. tax professionals handled 24.2 million, up 1.1 percent, and do-it-yourselfers turned in 29 million, down 3.3 percent. the pros are on the lower side of the total at the moment, with 45.5 percent of all e-filings.

website visits

the online tax answer hub, irs.gov, had 357.4 million visits, down 35.7 percent.

refunds

total refunds numbered 38 million, up 5.4 percent, and $129.2 billion, up 19.9 percent. the average refund of $3,401 was up 13.7 percent.

direct deposit refunds numbered 37 million, up 7.4 percent, and $128.2 billion, up 22.5 percent. the average direct deposit refund of $3,462 was up 14 percent.