Did You Know the IRS Collected $5.1 Trillion in 2024?

Here's a fun fact about our taxes: In fiscal year 2024, the IRS collected $5.1 trillion in taxes and issued $553 billion in refunds - numbers that highlight just how much flows through the system each year. The IRS also introduced new digital tools, converted more forms to mobile-friendly formats, and added weekend hours to Taxpayer Assistance Centers, making it easier to file and track their taxes.

You can learn more about this in the IRS's fiscal year 2024 financial report.

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