Fewer IRS Audits in FY 2018

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Although the IRS audited more than 892,000 individual income tax returns during fiscal year 2018, that was slightly down from the prior year, the 2018 IRS Data Book reports. Their processing of estate tax returns was also slightly down compared to the prior year; however, the IRS processed more of every other major type of form compared to the prior year, including partnerships filed up almost 5 percent, and S-corporation filings up almost 6 percent.

The IRS collected nearly $3.5 trillion during fiscal year 2018 and processed more than 250,000,000 tax returns and other forms. Income tax refunds totaling almost $395 billion were issued to over 120,000,000 individuals.