Insight Report 3 minutes Premium2019 Tax Tracker #5: Tax Filings Still Down Year Over Year, Refunds Still Up Coresight Research March 12, 2019 Executive SummaryThe US Internal Revenue Service (IRS) tracks tax return filings on a weekly basis. As of March 1, the IRS had received 59.2 million tax returns, down 3.2% year over year. A total of 46.4 million refunds had been issued as of that date (down 4.2% year over year), totaling $142.4 billion (down 3.5% year over year) and averaging $3,068 (up $22 or 0.7% year over year). The largest group of taxpayers plans to use refunds to repay debt, followed by savings, travel and other spending categories, according to a survey by website Decluttr. 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: Economic Sentiment Converges as Pessimism Eases: US Consumer Survey InsightsUS Apparel and Beauty Spending Tracker: February 2023 Clothing and Footwear Spending Posts Solid Growth Despite Strong ComparativesInsights Video: Market Navigator—US Apparel and Footwear RetailingAI/XR, M.D.: Operational Technology—Healthcare’s Tech-Enabled Future, Part Two
