Section 1 of the Data Book provides a broad overview of the main functions performed by the IRS: processing Federal tax returns and collecting revenue. It also provides additional details on returns filed, returns filed electronically, gross collections, and tax refunds by State and type of tax.
Highlights of the Data
- The IRS collected more than $3.4 trillion in gross taxes in Fiscal Year (FY) 2017 (Tables 1 and 5) and issued almost 122 million refunds (Table 7), amounting to almost $437 billion (Tables 1 and 8).
- The IRS processed more than 245.4 million Federal tax returns and supplemental documents (Tables 2 and 3).
- Almost 173 million returns and other forms were filed electronically. These represented almost 70.5 percent of all filings, an increase of 1.4 percent over the share of electronic filing in FY 2016 (Table 4).