Thursday, November 11, 2010

2010 Filing Season Statistics

Yesterday, the IRS released statistics from the 2010 filing season. What shouldn't come as a surprise is that the percentage of federal returns e-filed continues to rise. This is largely due to an increase of taxpayers who self-prepared their returns this year. At the same time, the number of returns filed dropped by 2 million from '09. Additionally, the percentage of filers who received a refund dropped by only half a percent.

Here are the highlights from the report:

2010 FILING SEASON STATISTICS
Cumulative through the weeks ending 11/06/09 and 11/05/10
Individual Income Tax Returns
2009
2010
% Change
Total Receipts
  143,529,000
141,536,000
-1.4%
Total Processed
143,079,000
141,536,000
-1.4%




E-filing Receipts:



TOTAL
95,478,000
98,740,000
  3.4%
Tax Professionals
63,285,000
63,893,000
  1.0%
Self-prepared
32,193,000
34,847,000
  8.2%




Web Usage:



Visits to IRS.gov
275,308,302
281,765,152
2.3%




Total Refunds:



Number
111,163,000
108,923,000
-2.0%
Amount
$315.290
Billion
$326.125
Billion
  3.4%
Average refund
$2,836
$2,994
  5.6%




Direct Deposit Refunds:



Number
72,982,000
74,460,000
  2.0%
Amount
$220.250
Billion
$237.444
Billion
  7.8%
Average refund
$3,018
$3,189
  5.7%

To view the full report, click here.

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