The IRS recently published its 2021 financial report, offering the public a comprehensive view of the agency’s financial activities and accomplishments this fiscal year.
In fiscal year 2021, the IRS managed more than $4.1 trillion in tax revenue, $1.1 trillion in refunds and $658 billion in unpaid assessments.
Additionally, both U.S. presidential administrations entrusted the IRS with $2.4 billion in supplemental funding to support the nation’s recovery from the COVID-19 pandemic. See the report.