The IRS reports that it processed 134,387,120 returns from last season through May 26.
The figures cover number of returns processed and AGI, tax liabilities and percentages of filers’ income composed of capital gains.
As of late May, the IRS had processed the largest number of returns for taxpayers with annual AGI of $50,000 to $75,000, $100,000 to $200,000, and $30,000 to $40,000.
The IRS information summarizes data from returns that primarily reflect income earned in the year preceding the filing year and reported to the IRS by the April deadline. It also includes some late-filed returns for prior tax years but not information on taxpayers who requested a filing extension.
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