Tax Season by the Numbers
The IRS recently released statistics covering the year to May 10, 2013
Recently released stats from the IRS show growth in e-filing between 2012 and 2013, but declines in lots of other areas ...
The total number of individual returns filed and processed both declined slightly.
All forms of e-filing increased, bringing it to just under 85 percent of all individual returns filed as of May 10.
According to the IRS, almost 80 percent of refunds used direct deposit.
Overall refunds dropped by approximately $9 billion from 2012 to 2013, but direct-deposited refunds dropped by just a little over $3 billion.
The average direct-deposited refund for 2013 was over $200 larger than the overall average refund.
On the whole, it wasn't a bumper year, with total returns down, the total number and amount of refunds down, and the average refund lower than in 2012. Even the big jump here -- in self-prepared returns e-filed -- isn't good news for tax preparers.
The IRS was quick to point out, however, that there was a huge jump in visits to IRS.gov -- they were up almost 25 percent over 2012.
Tax extenders, temporary tax provisions that are reinstated by Congress on a regular basis, have been a recurring part of the tax arena for years. Most of the current group up for debate have expired at the end of 2013, and their eventual extension will be retroactive, but not all will be extended. Here are the best bets.
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