IRS Publishes Its 2022 Financial Report

Internal Revenue Service (IRS)© Funtap / Getty Images / Canva

The Internal Revenue Service published its most recent Financial Report on the website, which provides a glimpse at IRS operations during the recently completed fiscal year 2022.

This update highlights the agency’s fiscal actions and financial management activities. During fiscal year 2022, the IRS received more than $4.9 trillion in tax revenue and distributed $642 billion in federal tax refunds and other outlays.

“I am proud that the stewardship of our operations is a clear demonstration of the commitment we share toward our mission of leading the IRS’s financial management with integrity and accountability through expert planning and sound financial advice to help serve taxpayers and tax administration,” said Teresa Hunter, IRS Chief Financial Officer.

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