Tuesday, April 15, 2008

IRS Statistics

http://www.mercurynews.com/personalfinance/ci_8929273?nclick_check=1
Here is a summary from the San Jose Mercury News on April 15, 2008:
Total number of tax returns expected to be filed by midnight tonight: 126 million

Paper returns expected: 44.9 million

E-files expected: 81.2 million

Extensions expected: 10.3 million

Extensions expected to be e-filed: 2 million

Total number of tax returns expected to be filed in the final week: 23.4 million

Paper returns expected: 14.8 million

E-files expected: 8.6 million

Californians expected to file extensions: 1.6 million

Californians expected to e-file extensions: 411,000

Average tax refund as of April 4: $2,436, up slightly from last year's $2,366

Source: Internal Revenue Service

For further information, visit http://www.irs.gov/taxstats/article/0,,id=102886,00.html.