Insight Report 3 minutes Premium2019 Tax Tracker Week 7: Filings Still Down One Month Before Tax Day Coresight Research March 26, 2019 Executive SummaryThe US Internal Revenue Service (IRS) tracks tax return filings on a weekly basis. As of March 15, the IRS had received 75.9 million tax returns, down 2.5% year over year. A total of 59.9 million refunds had been issued as of that date (down 3.0% year over year), totaling $177.2 billion (down 3.1% year over year) and averaging $2,957 (down $3 or 0.1% year over year). The top three expected uses for refunds were savings (50% of respondents expecting refunds said they would save the money), paying down debt (34%) and everyday expenses (22%), according to the recent annual Tax Returns Survey by the National Retail Federation (NRF). Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Consumers Focus on Essentials: China Consumer Survey Insights2Q24 US Retail Inventory Insights: Stable Inventory Ratio Ahead of the Holiday SeasonNavigating Digital Transformation: Optimizing Retail Operations Amid Margin PressureGenerative AI Latest: OpenAI and Microsoft Accelerate Innovation—Technology Conference Highlights
