

IR-2014-23, March 6, 2014
WASHINGTON — By the end of February, more than 48 million tax refunds had been issued the IRS today announced – an increase of 5.6 percent compared to the same time last year. As of Feb. 28, the average refund this year is $3,034, up 3 percent compared to the average refund amount for the same time last year. Almost 88 percent of refunds to date have been directly deposited into the accounts of taxpayers, saving them time and a trip to the bank.
The number of returns filed electronically is up slightly from the same time last year however, the number of taxpayers filing from home computers is up 7.5 percent.
At the end of the fourth week of the filing season, the IRS had received almost 40 percent of the returns it expects to receive during 2014.
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2014 FILING SEASON STATISTICS


Cumulative statistics comparing 3/01/13 and 2/28/14


Individual Income Tax Returns:


2013


2014


% Change


Total Receipts


58,044,000


58,883,000


1.4


Total Processed


51,778,000


57,410,000


10.9


 


 


 


 


E-filing Receipts:


 


 


 


TOTAL           


53,612,000


54,942,000


2.5


Tax Professionals


30,466,000


30,053,000


-1.4


Self-prepared


23,146,000


24,889,000


7.5


 


 


 


 


Web Usage:


 


 


 


Visits to IRS.gov


180,140,998


165,204,642


-8.3


 


 


 


 


Total Refunds:


 


 


 


Number


45,862,000


48,429,000


5.6


Amount


$135.025


Billion


$146.918


Billion


8.8


Average refund


$2,944


$3,034


3.0


 


 


 


 


Direct Deposit Refunds:


 


 


 


Number


41,137,000


42,380,000


3.0


Amount


$126.032


Billion


$131.203


Billion


4.1


Average refund


$3,054


$3,096


1.1

 


