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.