Despite the late start to tax season, the Internal Revenue Service had issued more tax refunds as of the middle of the season than it had last year, and generally kept pace with the prior season, according to a government report.
The report from the Treasury Inspector General for Tax Administration found that by March 7, the IRS had issued $164.6 billion in refunds, almost $10 billion more than at the same time last year. It also issued almost 2 million more refunds than last year, on roughly the same number of total returns received (just a little over 67.1 million).
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