3 minutes

2023 US Tax Tracker #1: IRS Issues $15.7 Billion in Refunds, Up by Almost Two-Thirds

Primary Analyst:
Aden Dillon D'Souza, Analyst
Contributors
Primary Analyst:
Aden Dillon D'Souza, Analyst
Sector Lead: John Harmon, CFA, Associate Director of Technology Research
Insight Report

What's Inside

Each year, the IRS (Internal Revenue Service) reports tax return filings and refunds on a weekly basis. This year, the filing deadline is on April 18. In our first US Tax Tracker report of the season, we look at what has happened in the 2023 tax filing season so far, as of February 3, 2023.

Data in this report include:

  • Number of returns filed and processed, and total and average refunds returned, as of February 3, 2023
  • Total annual refunds disbursed, 2015–2023YTD

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