April 18 is tax day: Americans to pay $1.62 trillion, up from $1.54 trillion

April 18 is tax day.

April 18 is tax day.

Tax Day is Monday, and  personal finance website Wallet Hub has released some startling statistics about income taxes.

This year income taxes are due by April 18, due to Emancipation Day, a holiday celebrated in Washington, D.C.

Americans will pay an estimated $1.62 trillion in individual income taxes, up from $1.54 trillion in 2015.

More than 200 million Americans interact with the IRS each year, more than three times any other federal agency.

The average refund is $2,945.

Here are some more factoids:

  • 30.5 Minutes: Wait time for calls to the IRS in 2015.
  • 62 percent: Of calls went unanswered in 2015.
  • 6.1 Billion Hours: Time it takes Americans to do their taxes each year (16 hours per person).
  • 35 percent: Of taxpayers would rather discuss sex with their kids than do their taxes.
  • 27 percent: Of Americans would get an IRS tattoo to avoid taxes for life.
  • 60 percent: Of taxpayers will get professional tax help in 2016
  • $270: Average amount spent completing and filing in 2015
  • 92 percent: Of the federal government’s revenue comes from income taxes
  • 1.2 million: People get audited every year.
  • 150 million: Income tax returns will be filed in 2016.

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