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IRS reports record $5.6 trillion in tax collections, historic refunds

IRS reports record $5.6 trillion in tax collections, historic refunds
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

The IRS says it set records for both tax revenue collected and refunds delivered in fiscal year 2026. According to the agency, the IRS collected a record-setting $5.6 trillion in taxes, an increase of nearly 5% from the previous year. RELATED STORY | Tax refunds are rising, but most Americans are...

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