Tax Refunds Catching Up to Last Year

Chart of of tax return data through March 31, 2017Pros gain more ground in e-filings.

By Beth Bellor
CPA Trendlines

As tax season enters its final weeks, refunds remain the only positive figure on the chart.

MORE TAX SEASON DATA: Tax Professionals Accelerate Filing Pace as Busy Season Heads for the Home Stretch | Individual Tax Filings Still Lag Behind 2016 | Tax Pros Filing Only 51% of E-Returns | Tax Refunds Up Slightly | Tax Filings Data Looking Less Squirrely | Tax Return Filings Still Lag, But Pros Hold 57% of Market | Tax Filings Down, but IRS Blames the Calendar
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However, the total amount refunded is within 1 percent of where it stood last year at this time.