The IRS released 2014 tax filing season statistics showing that 15 percent more refunds were already issued this year, compared to 2013 figures. Additionally, the average federal refund totaled $3,3211, an increase of $190 compared with the same period a year ago.
The statistics issued, covering the period through February 14, show that while the overall number of tax returns filed this year is down slightly, less than a percentage point, nearly 95 percent of all returns received were filed electronically.
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Courtesy of the IRS Issue Number 2014-17