Bloomberg News

IRS Refunds to U.S. Taxpayers, Year to Date Statistics

March 23, 2012

Following is a summary of U.S. taxpayer refunds from the Internal Revenue Service.

====================================================================
Through March 16, 2012          2012             2011     YTD %
====================================================================
                        -------Refunds Sent to Taxpayers-------
Total number              65,073,000       64,672,000      0.6%
 Amount (billions)          $188.616         $193.055     -2.3%
 Average refund               $2,899           $2,985     -2.9%
Direct deposit refunds:
 Total number             55,557,000       53,736,000      3.4%
 Amount (billions)          $169.751         $170.011     -0.2%
 Average refund               $3,055           $3,164     -3.4%

To contact the reporter on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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