IRS Reports Fewer Refunds, Returns Compared To Last Year

WASHINGTON – With less than a week away from April 15th’s tax deadline, the Internal Revenue Service (IRS) has released more information about this year’s tax filing and refunds.

The IRS said it’s disbursed more than $206 billion in refunds through March 29, 2019.

That number is down nearly three percent from the same period last year. The IRS has also issues fewer refunds and processed fewer returns as well.

Tax preparers said this is expected, as this is the first year people are filing taxes that reflect changes made by President Trump’s 2017 tax law.

More than 79 percent of processed returns have received a refund this year. That number is down slightly from the same period last year.

1 Comment

  1. Its because they have messed up so many peoples returns and offer absolutely no assistance..mines been accepted since feb6 yet still says it’s being processed and now after calling more than twice they’ve locked my account. Some of us rely on getting that back. Also the 4th year in a row the grant my kids mother the chil tax credit, yet we haven’t even seen her in that many years, let alone financially supporting them in any way. American government gang strikes again

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