IR-2015-34, Feb. 26, 2015 WASHINGTON — Almost 40 million tax refunds worth nearly $125 billion have been issued as of Feb. 20, according to Internal Revenue Service statistics released today. The average refund is $3,120. The IRS has processed nearly 50 million returns, about one-third of the total individual federal income tax returns the agency expects to receive this year, with almost 83 percent of those returns resulting in refunds. More than 92 percent of refunds have been directly deposited into taxpayer accounts. The IRS recommends direct deposit as a safe, quick way for taxpayers to get their refunds. The IRS also recommends taxpayers who have yet to file explore the numerous online tools and resources available on IRS.gov, which taxpayers visited almost 160 million times so far this year. Longer wait times on IRS phone lines and at IRS offices mean it’s more important than ever for taxpayers to use IRS online tools and resources on IRS.gov. 2015 FILING SEASON STATISTICS Cumulative statistics comparing 2/21/14 and 2/20/15 Individual Income Tax Returns: 2014 2015 % change Total Receipts 49,558,000 49,651,000 0.2 Total Processed 48,335,000 48,295,000 -0.1 E-filing Receipts: TOTAL 46,641,000 47,157,000 1.1 Tax Professionals 24,687,000 23,725,000 -3.9 Self-prepared 21,954,000 23,432,000 6.7 Web Usage: Visits to IRS.gov 143,672,874 158,287,233 10.17% Total Refunds: Number 40,389,000 39,964,000 -1.1 Amount $125.831 billion 124.670 Billion -0.9 Average refund $3,116 $3,120 0.1 Direct Deposit Refunds: Number 35,694,000 36,817,000 3.1 Amount $112.628 billion $118.496 Billion 5.2 Average refund $3,155 $3,218 2.0 Follow the IRS on New Media Subscribe to IRS Newswire
