IRS financial reports

 

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 Agency Fiscal Year Financial Report, management’s discussion and analysis section to provide transparency on IRS’s management and operational challenges throughout the year.

FY 2024

Quarter 1: Management Update FY 2024PDF

Prior Year Management Quarterly Updates 

FY 2023

Quarter 3: Management Update FY 2023PDF

Fiscal year Agency financial reports

Each November the IRS publishes its fiscal year financial activities and accomplishments in its Financial Report, Publication 5456.

FY 2023 Agency Financial Report

In fiscal year 2023, with the resources entrusted to the IRS by Congress and the Administration to support its mission, the IRS managed more than:

  • $4.7 trillion in tax revenue
  • $659 billion in refunds
  • $574 billion in unpaid assessments

The agency financial report provides information including the IRS Management’s Discussion and Analysis, audited financial statements and other information.

IRS FY 2023 Financial ReportPDF

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

Prior Year Agency Financial Reports 

IRS FY 2021 Financial ReportPDF