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Tax Stats: Edging Toward July 15

Monday, May 04 2020
Tax
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The number of tax returns received by the  Internal Revenue Service through April 24 suggests returns will come in at a gradual pace until the exended tax season deadline of July 15. The 121,892,000 received for the reported period to -date was down 12.5 percent from 139,364,000 received for the period ended April 26, 2019.

What it means in numbers is 6 million returns were submitted between April 18 and April 24. Cumulatively, there were 110,089,000 efiled returns submitted through April 24, down 10.3 percent from 126,961,000

Professional preparers efiled 55,528,000 for the reported period, off 21.8 percent from 70,969,000. Self-prepared efiles totaled  54,561,000, a drop of 2.6 percent from 55,992,000,

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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