IR-2015-34: Tax Refunds Reach Almost $125 Billion Mark; IRS.gov Available for Tax Help
Internal Revenue Service (IRS) sent this bulletin at 02/26/2015 12:56 PM EST![]() |
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Issue Number: IR-2015-34Inside This IssueTax Refunds Reach Almost $125 Billion Mark; IRS.gov Available for Tax Help WASHINGTON — Almost 40 million tax refunds worth nearly $125 billion have been issued as of Feb. 20, according to Internal Revenue Service statistics released today. The average refund is $3,120. The IRS has processed nearly 50 million returns, about one-third of the total individual federal income tax returns the agency expects to receive this year, with almost 83 percent of those returns resulting in refunds. More than 92 percent of refunds have been directly deposited into taxpayer accounts. The IRS recommends direct deposit as a safe, quick way for taxpayers to get their refunds. The IRS also recommends taxpayers who have yet to file explore the numerous online tools and resources available on IRS.gov, which taxpayers visited almost 160 million times so far this year. Longer wait times on IRS phone lines and at IRS offices mean it’s more important than ever for taxpayers to use IRS online tools and resources on IRS.gov. Thank you for subscribing to the IRS Newswire, an IRS e-mail service. If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe. This message was distributed automatically from the mailing list IRS Newswire. Please Do Not Reply To This Message. |