April Payments with Filings of Individual Income Tax Returns Were About the Same as Last Year’s Amounts, Contributing to a Slowing in Overall Federal Revenue Growth This Fiscal Year
Posted on May 7, 2026 I don’t think it’s a big surprise, but payments of individual income taxes with federal tax return filings look to be ending the filing season very close to the amounts from 2025 (see the chart below). We had expected single digit growth in payments with tax returns, so actual growth […]
Growth in Federal Tax Withholding Slowed Some in April to 4 Percent Year-Over-Year
Posted on May 5, 2026 We expect to comment later this week on April/early May payments with individual income tax return filings, but first we will comment on tax withholding payments. In April, we observed some slippage in growth of federal tax withholding–that is, the amounts of income and payroll taxes that employers withhold from […]