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). 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: Consumer Avoidance Falls: China Consumer TrackerWeekly US and UK Store Openings and Closures Tracker 2023, Week 41: UK Closures Almost TripleUS CPG Sales Tracker: Food & Beverages Category Supports Sustained Mid-Teens CPG E-Commerce GrowthDigital Merchandising Strategies: The Power of Automation and 3D Product Imagery in Retail
