Refund amounts are down 14%.
By Beth Bellor
CPA Trendlines Research
The second week of tax season brought more double-digit increases over 2022’s pace for the same period.
MORE: Tax Season Opens with Refunds Up 85%
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According to the latest data, the Internal Revenue Service has received 28.8 million individual income tax returns, up 9.1 percent. It has processed 26.6 million returns, up 13.6 percent.
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