Insight Report 4 minutes Premium2021 US Tax Tracker #1: IRS Issues $48 Billion in Refunds Coresight Research March 4, 2021 What's InsideEach year, the IRS reports tax return filings and refunds on a weekly basis, until the April 15 deadline. In this report, we look at what happened in the first week of the 2021 tax filing season, which started on February 12 this year. Refunds are down compared to the same time last year, but up significantly compared to the first week of the 2020 filing season. Filings are down compared to the same time last year, but up significantly compared to the first week of the 2020 filing season. The IRS rolled out some new features, including making forms available in a range of languages besides English and allowances for charitable deductions under the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. Click here to read our wrap-up report on the 2020 tax filing season. 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: Dollar Stores and Warehouse Clubs Gain from Valentine’s Day: US Consumer Survey InsightsAnalyst Corner: Retail Innovation in China, with Anand Kumar—Three Opportunities for Brands and RetailersEarnings Insights 2Q23, Week 4: JD.com, Ross Stores, TJX and Walmart Report Strong Results; Home Depot and Target See Sales DeclineUS CPG—Consumer Health: Understanding a Category Marked by Spin-Offs