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Trend Needle Points South


Fed Terminal Up To 5.06% in June 2023


Heading North


Late Dec/Mar Tsy Roll Level Update

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Source: U.S. Internal Revenue Service
Units as noted
                               Data Through:  Data Through:
                                     March 2        March 3        Pct
Individual Income Tax Returns           2018           2017        Chg
Total Receipts                     61,150,000     61,063,000         0.1
Total Processed                    59,048,000     59,081,000        -0.1
E-filing Receipts:
 Total                             57,794,000     57,435,000         0.6
   Tax Professionals               28,688,000     29,293,000        -2.1
   Self-prepared                   29,106,000     28,142,000         3.4
Total Refunds:
 Number                            48,452,000     49,352,000        -1.8
 Amount ($bln)                        147.577        148.832        -0.8
 Average refund ($)                     3,046          3,016         1.0
Direct Deposit Refunds:
 Number                            43,549,000     44,822,000        -2.8
 Amount ($bln)                        137.722        140.661        -2.1
 Average refund ($)                     3,162          3,138         0.8
           ** MNI Washington Bureau (202) 371-2121 **

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