2020 Tax Tracker, Week 16: Tax Filings Down, IRS Issues $258 Billion in Economic Impact Payments

What's Inside

Each year, the IRS reports tax return filings and refunds on a weekly basis, starting at the end of January until the April 15 deadline. This year, the US Department of the Treasury extended the deadline to file (and more importantly, to pay) July 15.

In this report, we look at what happened in the 16th week of the 2020 tax filing season, including:

• How the extended deadline has affected filings and refunds so far.
• The impact of the coronavirus shutdown on IRS operations.
• The current status of returns filed, processed and refunds issued.
• The total number and amount of Economic Impact Payments to date.

Read the 2020 Tax Tracker for week 15 here.