Insight Report 3 minutes Premium2019 Tax Tracker Week 6: Filings Catching Up but Still Down Year Over Year Coresight Research March 19, 2019 Executive SummaryThe US Internal Revenue Service (IRS) tracks tax return filings on a weekly basis. As of March 8, the IRS had received 67.7 million tax returns, down 2.5% year over year. A total of 53.5 million refunds had been issued as of that date (down 3.3% year over year), totaling $160.9 billion (down 3.2% year over year) and averaging $3,008 (up $4 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 NRF’s recent annual Tax Returns Survey. 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: Innovator Profile: Node Makes Guest Users Loyal CustomersRetailTech: Connected TV—Bringing the Store to the Comfort of Your SofaFinancial Health Update and Consumers’ Increase in Activity: US Consumer Tracker 2023, Week 25Walmart Thrives as Financial Health Steadies: US Consumer Tracker 2023, Week 33
