We’re excited t share some new Tax Facts and Filing Statistics in a new infographic! Take a look at the information below to see how people feel about taxes, how they are filing, who is turning to professionals, e-filing vs. paper filing, and more!
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Breaking Down the Latest Tax Facts and Statistics
94% of Americans Believe Filing Taxes is Their Civic Duty. That’s Over 309 Million People!
240 Tax Returns were processed by the IRS
The IRS Collected $3.4 Trillion Dollars in the 2020 Fiscal Year
$736 Billion in Tax Refunds Were Issued by the IRS.
The Average Tax Refund was $3,651
47% of Taxpayers Plan to Save Their Refunds
Statistics on E-Filing Tax Returns
E-filing Tax Returns Has Been Popular for Some Time Now
96.1% of Tax Returns Were Filed Electronically in 2021! Compared with 90.1% in 2020, 90% in 2019, and 88.7% in 2018
152.3 Million Tax Returns Were E-Filed!
57% of Those E-Filed Tax Returns Were Filed by Tax Professionals Like Us!