(CNN) – The Internal Revenue Service has released information regarding this year’s tax return numbers.
The IRS said it has disbursed more than $206 billion in refunds through March 29. That’s down from $212.3 billion - nearly 3 percent - from the same period last year.
The IRS has also issued and processed fewer returns.
Tax specialists said this was expected as this is the first year people are filing taxes that reflect changes made by President Donald Trump’s 2017 tax law.
Speaking of refunds, more than 79 percent of processed returns have received a refund this year.
That’s also down slightly from the same period last year.