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Returns Catch Up Slightly for Tax Season

Tax prep glassesTax returns came into the Internal Revenue Service at a slightly improved pace for the season ended March 25. The total was down 4.3 percent for the season through March 24, 2021. That was slightly narrowed from the prior report in that total was off 5.1 percent year-over-year.

Total returns received fell to 81,371,000 for the year as reported to date, compared to 81,371,000 a year earlier

Similarly, the 78,426,000 files received through March 25 was 3 percent lower than the 80,835,000 accepted in last year’s corresponding period. The total was down 4 percent for the season through March 18.

The pace at which efiles submitted by tax professionals have been submitted continued to be several percentage points better than the rate at which self-prepared efiles have arrived. There were  39,909,000 efiles from professionals, essentially unchanged from 39,926,000. There were 38,517,000 self-prepared efiles received, down 5.8 percent from 40,909,000. For the prior weekly report, DIY efiles dropped 7.1 percent.

There were 38,517,000 self

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