Insight Report 3 minutes Premium2019 Tax Tracker Week 12 — Final: Post-Tax-Day Wrap-Up — Number of Returns Up Slightly, Average Refund Down 2.0% Coresight Research April 30, 2019 Executive SummaryThe US Internal Revenue Service (IRS) tracks tax return filings on a weekly basis, and this report represents the final Tax Tracker for this year’s tax season. As of April 19, the IRS had received 137.2 million tax returns, up 0.2% year over year. A total of 95.7 million refunds had been issued as of that date (up 0.3% year over year), totaling $260.9 billion (down 1.7% year over year) and averaging $2,725 (down $55 or 2.0% year over year), implying a mismatch between withholding and the updated tax rates. Although the filing deadline has now passed, returns will still trickle in. As of this time last year, 85% of the year’s returns had been filed. 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: Diving into the Diverse, Underserved Segments of the US Beauty MarketUS CPG Sales Tracker: Lowest In-Store Sales Growth Rate in Two YearsFebruary 2023 US Retail Traffic and In-Store Metrics: Traffic Growth DeceleratesUnderstanding Cross-Channel and Cross-Category Shopping: US Consumer Tracker Extra, July 2023
