Estimated reading time: 1 minute, 9 seconds

IRS: 16.7 Million Returns Received

Friday, Feb 11 2022
Tax
Written by 

The Internal Revenue Service received 16,685,000 returns through February 4, the IRS reported in its first weekly filing statistics for 2022. Because the season opened two weeks earlier than las year, there are no comparative figures for last year.

The IRS has processed 12,992,000 returns, 77.8 percent of the total. The industry will be watching processing rates given the millions of returns backlogged from 2021.

 The early season figures are skewed heavily towards self-prepared returns received.  With 15,990,000 efiles received, herte were 10,747,000 self-prepared returns received, 67.2 percent of the total.  Tax professionals submitted 5,243,000 efiles.

There were 4,330,000 refunds issued with the average refund coming in at $2,201.

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
Read 3848 times
Rate this item
(0 votes)
More in this category: « IRS to Drop Facial Recognition Store Owner Pleads Guilty to Fraud  »
Bob Scott

Latest from Bob Scott

Visit other PMG Sites:
Template Settings
Theme

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Link Color
Text Color

Header

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5

Footer

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5
Layout
Select layout
Menu
Select menu
Typography
Google Font
Body Font-size
Body Font-family
Direction
Reset