Last week, the IRS released the 2009 Tax Data Book. This publication is one of the more interesting reads published by the IRS every year and contains the Service's compiled statistics for the prior tax year (Oct. 1, 2008, to Sept. 30, 2009).
Some of the highlights from fiscal year 2009 include:
1) The IRS collected more than $1.9 trillion in taxes (net of refunds);
2) The IRS processed more than 236 million returns;
3) Individual income tax refunds totaled $321.3 billion, and economic stimulus payments totaled over $11.5 billion;
4) The IRS spent an average of 50 cents to collect each $100 of tax revenue;
5) IRS examined more than 1.4 million individual income tax returns and about 28,000 returns filed by corporations, excluding S corporations; and
6) IRS personnel answered nearly 68 million toll-free calls from taxpayers during the fiscal year, and the IRS Web site received more than 296 million visits.
The complete report is available here.
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