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  1. Home
  2. ›Definitions
  3. ›Treasury outlay lines
  4. ›Internal Revenue Service

Treasury outlay line

Internal Revenue Service

Tax administration, including refunds that show up as large outlays.

What this means

The IRS collects federal taxes and issues refunds. In Treasury outlay tables, IRS-related lines can look enormous because refunds and related settlements are recorded as outflows even though they are part of the tax system rather than a traditional spending program.

Related

  • Federal outlays

    Money the government actually pays out in a fiscal year.

  • Individual income taxes

    Personal income tax receipts in the Monthly Treasury Statement.

All definitions · Methodology