3 minutes

2020 Tax Tracker, Week 1: Tax Season Off to a Slow Start with 1.6% Decline in Filings

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Sujeet Naik, Analyst
Insight Report

What's Inside

Each year, the IRS reports tax return filings and refunds on a weekly basis, starting from the end of January until the April 15 deadline. In this report, we look at what happened in the first week of the 2020 tax filing season.

  • Filings are slightly down from this time last year
  • Average refunds are slightly higher than last year
  • The IRS rolled out some new features, including a question (and accompanying form) about cyber currencies—and a form just for the over 65
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