Tax Year 2018 tax statistics data is now available from IRS. The data represent approximately 95 percent of all individual income tax returns that the IRS will process in Calendar Year 2019 and the first tax data filed under the Tax Cuts and Jobs Act.
Tag: tax returns
Tax Refunds Unaffected by “Shut Down”
Internal Revenue Service will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. The filing deadline to submit 2018 tax returns is Monday, April 15, 2019 for most taxpayers. Taxpayers who live in Maine or Massachusetts have until April 17, 2019 to file their returns. The IRS strongly encourages people to file their tax returns electronically to minimize errors and for faster refunds.
Tax Information 2018
Through April 6, the IRS has processed more than 101 million tax returns and issued more than 79.1 million tax refunds totaling $226.6 billion. The average refund to date is $2,864.