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: Earnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter Growth—InfographicDiwali’s Global Rise Is Reshaping the Retail Growth CycleEarnings Insights 1Q25, Week 5: BJ’s Wholesale Club and Home Depot Report Sales Growth; Target Reports Sales Decline—InfographicUS Tariffs: Who Wins, Who Loses and What It Means for the Economy
