Tax Refund Totals Up 4%
Electronic filings take a dip.
By Beth Bellor
e-filing
Tax Pros Rev Up Filing Pace as DIYers Lag
The IRS changes how it tallies website traffic.
By Beth Bellor
Tax professionals have held the e-filing edge over DIYers this season, and now they’ve surpassed their own 2024 rate for the first time.
MORE: Tax Returns Nearly Match 2024 Rates | Tax Pros Edge DIYers in E-Filings | Tax Refund Totals Up 7% | Tax Pros Handle 46% of E-Filings | Tax Refund Totals Up 10% | Tax Refunds Plummet, but No Worries | Tax Refunds Up 18% Early On | First Tax Filing Reports Are In
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The IRS received 89.6 million individual income tax returns, down 0.8 percent from the comparable period in 2024 ending March 28. It processed 88.5 million returns, down 0.3 percent. Tax professionals are holding on to a half-point lead in market share over DIYers, with about 51.3 percent of total returns filed so far this year against 51.8 percent a year ago. READ MORE →
Tax Returns Nearly Match 2024 Rates
Refunds still are the only positives.
By Beth Bellor
Tax season grinds on and the number of returns is about the same as last year, according to the Internal Revenue Service.
MORE: Tax Pros Edge DIYers in E-Filings | Tax Refund Totals Up 7% | Tax Pros Handle 46% of E-Filings | Tax Refund Totals Up 10% | Tax Refunds Plummet, but No Worries | Tax Refunds Up 18% Early On | First Tax Filing Reports Are In
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The agency had received 79.6 million individual income tax returns as of March 21 – the latest data available – down 1.1 percent from the same period in 2024. It had processed 78.7 million returns, down 0.7 percent.
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Tax Pros Edge DIYers in E-Filings
Refunds average around 5 percent over last year.
By Beth Bellor
Can you say paperless? Only 2.7 percent of individual income tax returns come into the Internal Revenue Service by paper anymore, and only 3 percent of refund recipients request paper checks.
MORE: Tax Refund Totals Up 7% | Tax Pros Handle 46% of E-Filings | Tax Refund Totals Up 10% | Tax Refunds Plummet, but No Worries | Tax Refunds Up 18% Early On | First Tax Filing Reports Are In
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The agency received 70.4 million individual income tax returns as of March 14 – the latest data available – down 1.7 percent from the same period in 2024. It processed 69.6 million returns, down 1.4 percent.
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Tax Refund Totals Up 7%
Individual amounts are up 5 percent.
By Beth Bellor
Winter is fading away but busy season remains with us.
MORE: Tax Pros Handle 46% of E-Filings | Tax Refund Totals Up 10% | Tax Refunds Plummet, but No Worries | Tax Refunds Up 18% Early On | First Tax Filing Reports Are In
Exclusively for PRO Members. Log in here or upgrade to PRO today.
As of March 7, the latest data available, the Internal Revenue Service had received 61.4 million individual income tax returns, down 2.1 percent from the same period one year ago. It had processed 60.8 million returns, down 1.8 percent.
READ MORE →