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Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
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- And The Refunds Just Keep Coming
And The Refunds Just Keep Coming
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BobKamman
Level 15
03-24-2020
12:41 PM
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Here are the latest available amounts from the Daily Treasury Statement. I think the 2019 figures include one more business day for March, which may account for the slightly lower amount of total refunds. Of course most of the 2020 returns would have been filed when Covid-19 was still a hoax. Comparing fiscal year totals, there is virtually no change.
Spoiler
Individual Tax Refunds
Friday, March 20, 2020, vs. Friday, March 22, 2019
Month To Date (In Millions)
EFT $51,832 $50,791 +2%
Checks $ 6,622 $ 8,847 -25%
Total $58,454 $59,638 -2%
Fiscal Year To Date (In Millions)
EFT $174,914 $174,438 +0.3%
Checks $ 27,790 $ 27,602 +0.1%
Total $202,704 $202,040 +0.3%
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