The IRS has published its annual Data Book for fiscal year (FY) 2025. It provides a statistical overview of the tax agency’s operations. A few highlights: In FY 2025, the IRS processed 271.4 million federal tax returns and supplemental documents, including almost 162.8 million individual income tax returns. The total revenue collected exceeded $5.3 trillion. Individual and business taxpayers received a total of $638.8 billion in tax refunds. In addition, 14 million tax refunds included a refundable child tax credit, and 22.2 million included a refundable earned income tax credit. Read the Data Book: https://bit.ly/3Us8cvC
