IRS

IRS Tax Refunds Increased This Year: You Could Receive Up to $3,453

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IRS Tax Refunds Increased This Year: You Could Receive Up to $3,453

In the fiscal year 2025, the Internal Revenue Service (IRS) reported a notable 7.5% increase in the average refund amount for taxpayers, growing from $3,213 in 2024 to at least $3,453 so far. By February 21, 2025, the IRS had already distributed over $102.2 billion via direct deposit, according to official reports. Increased Refund Amounts … Read more

IRS Tax Refund Payment Schedule: When to Expect Your Refund Based on Filing Date

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IRS Tax Refund Payment Schedule: When to Expect Your Refund Based on Filing Date

If you’re among the 42 million taxpayers who have already filed your 2024 tax return, you’re likely wondering when your IRS direct deposit will arrive. Understanding the IRS payment schedule can help you track when your refund is expected. As of February 21, 2025, the average tax refund amount stands at $3,453, and the average … Read more