* Total refunds issued represents returns received and processed in 2024 – the current year only. The number of direct deposit refunds represents returns received in the current and prior year but processed in 2024.
How long before more figures flip positive … or might they not?
By Beth Bellor
The 2024 filing season has been seven days shorter than 2023’s, but that’s making less difference as individual income tax returns keep dropping into the Internal Revenue Service inbox, just 3 percent off last year’s pace.
MORE: Tax Pros Handle 37.7% of E-filings | Tax Pros File 33% of Early Returns
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The IRS had received 44.6 million such returns as of Feb. 23, the last week for which data has been released. It had processed 44.1 million returns, down 3.6 percent.
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