Self-prepared efiles for the tax season March 8 surpassed last year’s total through March 10, but barely. There were 31,521,000 DIY efiles for the year-to-date as reported, .1 percent over 31,498,000 in last year’s corresponding period.
Other categories edged closer to the 2023 total. The Internal Revenue Service reported there were 62,761,000 returns filed, 1.1 percent lower than 63,442,000 a year ago.
The IRS received 61,165,000 efiles, off .9 percent from 61,713,000 through March 10, 2023. Those from paid preparers were down 1.9 percent at 29,644,000 through March 8, compared to 29,644,000 a year earlier.
Refunds continued to lag 2023 totals. The IRS has issued 43,020,000 refunds for the season as reported, 12.5-percent lower than 49,174,000 a year ago. However, the average refund rose 5.8 percent to $3,145, from $2,972 for the compared periods.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind