average tax refunds down 10%

table of irs weekly datareturns by tax pros are one of the only positives.

by beth bellor
卡塔尔世界杯常规比赛时间 research

the average tax refund is down 10 percent, but it’s just part of a pattern. virtually every piece of data the internal revenue service reports weekly is in the red.

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the agency has received 90.1 million individual income tax returns as of march 31, the latest information available, down 1.3 percent from the same period in 2022. it has processed 89.7 million returns, up 0.4 percent.

e-filing

electronic filings total 87.1 million, down 0.8 percent. tax professionals submitted 46.5 million, up 1.3 percent, and self-preparers handled 40.6 million, down 3.2 percent.

pros have 53.4 percent of the e-filings.

website visits

visits to the irs website at 395.4 million are down 17.4 percent.

refunds

total refunds number 62.9 million, down 0.7 percent, in the total amount of $183.1 billion, down 10.4 percent. the average refund of $2,910 is down 9.8 percent.

total direct deposit refunds number 60.9 million, up 0.4 percent, in the total amount of $180.8 billion, down 9.7 percent. the average direct deposit refund of $2,970 is down 10.1 percent.