Insight Report2023 US Tax Tracker #1: IRS Issues $15.7 Billion in Refunds, Up by Almost Two-Thirds Aden Dillon D'Souza, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research February 20, 2023 Reasons to ReadEach 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 Other relevant research: Tax-filing metrics in the year-ago period: 2022 US Tax Tracker #1: IRS Issues $9.5 Billion in Refunds To Kick Off Filing Season Our wrap-up report on the 2022 filing season Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Head-to-Head in Beauty Retailing: Sephora vs. Ulta BeautyFive Ways AI Is Being Used in Apparel and Footwear Retailing—and What’s NextNRF 2025: Retail’s Big Show—Top 10 Tech Themes, from Computer Vision and RFID to AI-Powered Associate DevicesNextGen 2025 Highlights: Coresight Research Premium Subscriber Call, July 2025