The number of tax returns that individual taxpayers have filed is down nearly 13% compared to the same period in the filing season last year, after the Internal Revenue Service extended the deadline three months because of the coronavirus pandemic, according to agency data.
- Taxpayers had filed nearly 104 million tax returns as of April 10, compared to 119.4 million a year ago
- The agency expects to receive about 155 million returns in total
- NOTE: IRS has extended the filing and payment deadline to July 15
- The number of electronically filed returns prepared by tax professionals fell about 20% and those that were self-prepared fell by only about 4%, indicating people may be opting to do their taxes themselves during the coronavirus outbreak, rather than consulting a professional
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