Insight Report 3 minutes Premium2019 Tax Tracker Week 10: Procrastinator’s Purgatory — Filings Still Down Slightly Just Three Days Before Tax Day Coresight Research April 17, 2019 Executive SummaryThe US Internal Revenue Service (IRS) tracks tax return filings on a weekly basis. As of April 5, the IRS had received 103.5 million tax returns, down 0.3% year over year. A total of 77.9 million refunds had been issued as of that date (down 1.5% year over year), totaling $220.8 billion (down 2.6% year over year) and averaging $2,833 (down $31 or 1.1% 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 a recent Tax Returns Survey by the National Retail Federation (NRF). This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Subscription E-Commerce: Flexibility and Personalization Can Help Companies Navigate Challenges Amid a Softened MarketWeinswig’s Weekly: Everything You Always Wanted To Know About Grocery (But Were Afraid To Ask)Diving into the Diverse Underserved US Beauty Market: Insights Presented at the Inside Beauty ForumInnovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and Conversion
