William Byrnes' Tax, Wealth, and Risk Intelligence

William Byrnes (Texas A&M) tax & compliance articles

Did You File Your Taxes?

Posted by William Byrnes on May 2, 2011

A recent report by the Internal Revenue Service shows that total return filings are down this year as compared to the same time last year.  The report shows that over 51.927 million individual taxpayers have filed through the end of February 2011.  During this same period for the 2009 taxable year/2010 filing year the total number of returns by the end of February was around 53.556 million.  The difference between the two years amounts to approximately a decrease of three percent.

What’s more, the average refund for the 2010 tax year/2011 filing season is also down from calculations from the same time last year. This year’s average individual refund is currently $3,129, down $20 from $3,149 in 2010.  Read the analysis at AdvisorFYI

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