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2020 Tax Tracker, Week 4: Tax Filings Set To Catch Up with Last Year

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Coresight Research

What's Inside

As of week four of the US tax refund season, volumes of refunds are returning to normal after a one-week aberration that saw a significant year-over-year decrease in the number of refunds issued as well as the total value of those refunds.

This report looks at where we are as of week four in terms of refunds—and what that may mean for the rest of the season. We are seeing slow but steady growth in total refunds since 2015, as well as increasing number of taxpayers filing electronically.

 

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