IR-2014-17: 2014 Filing Season Continues with Higher Refunds Issued

Internal Revenue Service (IRS) sent this bulletin at 02/20/2014 02:20 PM EST

IRS Newswire

February 20, 2014

Issue Number: IR-2014-17

Inside This Issue

2014 Filing Season Continues with Higher Refunds Issued

WASHINGTON – The IRS today 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%

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IR-2014-17: 2014 Filing Season Continues with Higher Refunds Issued

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Issue Number: IR-2014-17

Inside This Issue