The Treasury Inspector General of Tax Administration (TIGTA) recently released its interim report on the 2019 federal tax filing season. As of March 1, 2019, the Internal Revenue Service (IRS) had received over 59 million tax returns and issued approximately $142 billion in refunds on over 46 million of those returns. A vast majority – 95 percent – of filers e-filed their returns this season.
Not all tax filers received refunds they claimed this year: as of the end of February, the IRS had identified over 3,500 returns claiming fraudulent refunds, and it prevented the issuance of $12.2 million fraudulent refunds. The IRS held 10.7 million tax returns claiming the Earned Income Tax Credit of Additional Child Tax Credit, with total claimed refunds of $57.9 billion.
For more details, access the full interim report here.