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Types of tax returns by magnitude of percent change

admin by admin
March 27, 2023
in News



EDITORS’ PICK
Complimentary access to top ideas and insights — curated by our editors.

Every year brings changes in the patterns of which tax returns need to be filed, but those changes were exaggerated in the first years of the pandemic.

From 2020 to 2021, seven different tax return types varied by more than 20% (up or, in one case, down) in terms of how many were filed year over year.

The top five types of returns had an average change percentage of 53.64% between 2020 and 2021, and accounted for 29,926,502 million filings.

Scroll through to see which types of returns saw the biggest fluctuations from 2020 to 2021 (the latest year for which data is available).

Source: Internal Revenue Service Data Book, 2021



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Tags: Growth ContentTaxTax returns
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