Insight Report 3 minutes Premium2019 Tax Tracker Week 9: Filings Still Down with Two Weeks to Go Until April 15 Coresight Research April 9, 2019 Executive SummaryThe US Internal Revenue Service (IRS) tracks tax return filings on a weekly basis. As of March 29, the IRS had received 92.9 million tax returns, down 1.4% year over year. A total of 71.8 million refunds had been issued as of that date (down 2.2% year over year), totaling $206.1 billion (down 2.9% year over year) and averaging $2,873 (down $20 or 0.7% 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 Apparel and Beauty Spending Tracker, August 2023: Beauty, Clothing and Footwear Spending Growth Slows But Remains ResilientResearch Preview: The Future of MallsMarket Navigator: US Department Stores—Softness Ahead Despite Opportunities in Experiences and Alternative ModelsInnovator Profile: Drop Facilitates Seamless and Scalable Selling on Social Media
