IRS Gives Tax Refund Update

Your 2025 tax refund could be larger than you think, latest IRS numbers show payments are up
While refunds are up, the number of people who’ve filed already is down compared to 2024. The IRS has received 42.7 million returns in 2025, down 4.2 percent compared to this time last year. Even with the number of returns not keeping pace with 2024, the total number of refunds issued so far (29.6 million) is up 2.3 percent.
IRS Gives Tax Refund Update as Over $100B Returned
According to the latest data from the IRS, $102.253 billion has been refunded to taxpayers so far this filing season, which began on January 27. The amount taxpayers are getting has increased too. The average refund amount has increased from $3,213 in 2024 to $3,453—a boost of $240.
Where is my refund? Is my payment delayed? Here's how to check your IRS refund status
The process of seeing your tax refund status is easy. On the IRS.gov site, taxpayers who filed their returns can see their refund status on the "Where's My Refund?" tool . To see the status, you must enter the following information: Your Social Security or individual taxpayer ID number (ITIN)
The first IRS tax refunds begin: These are the approximate dates
As the 2025 tax season unfolds, understanding the IRS refund schedule and factors affecting payment timelines is crucial for effective financial planning. Learn how to expedite your refund and navigate potential delays.
Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
In Michigan, 153 probationary IRS employees represented by the union lost their jobs so far, according to the National Treasury Employees Union. The job cuts hit during this year's tax season.
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How much can the average tax refund earn in a CD?
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