These reports provide the public a comprehensive view of the IRS's financial activities and the accomplishments of its finance management community. Management quarterly updates Management Quarterly Update is a supplemental document to the IRS Fiscal Year Financial Report, management’s discussion and analysis section to provide transparency on IRS’s management and operational challenges throughout the year. FY 2023 Management Quarterly Updates The first of these new quarterly updates starts in IRS's Fiscal Year 2023, Quarter 3. Quarter 4 updates will be included in the IRS Fiscal Year Financial Report. Quarter 3: Management Update FY 2023PDF Fiscal year Agency financial reports The IRS publishes each November its financial activities and accomplishments in the IRS Fiscal Year Financial Report, Publication 5456. FY 2022 Agency Financial Report In fiscal year 2022, the IRS managed more than: $4.9 trillion in tax revenue $642 billion in refunds $602 billion in unpaid assessments Resources that support its mission In addition, Congress and the Administration entrusted the IRS with $79.4 billion in supplemental funding through 2031 to implement the Inflation Reduction Act of 2022. IRS FY 2022 Financial ReportPDF FY 2021 Agency Financial Report In fiscal year 2021, the IRS managed more than: $4.1 trillion in tax revenue $1.1 trillion in refunds $658 billion in unpaid assessments Resources that support its mission In addition, Congress and both Administrations entrusted the IRS with $2.4 billion in supplemental funding to support the nation's recovery from the COVID-19 pandemic. IRS FY 2021 Financial Report PDF
