During the 2025 Tax Season as of March 14, 2025, the IRS claims that more than 70,000,000 have filed. Still, this figure is lower than during the 2024 tax season because there were about 1.7% more tax returns filed back then.
For your information, the IRS has refunded more than $162.992 billion so far. That is approximately 6.7% more than it was on March 15, 2024. Of this amount, $160.919 billion has been refunded with direct deposits. It is 6.8% higher than in 2024.
IRS Direct Deposits
The average direct deposit refund amount is $3,330 as of March 14, 2025. Again, this figure is higher. Taxpayers receive about 4.8% more on average than in 2024.
Therefore, it is good news because they are receiving more money on average. No doubt it will be essential to deal with inflation and soaring prices. The IRS has released another important figure.
The average refund amount is $3,271 in 2025, which is about 5.2% higher than last year. Other figures have dropped, but they have nothing to do with payments. For instance, fewer taxpayers have used the IRS website, and fewer have hired a tax professional to file.
IRS Direct Deposit paydays
If you have filed your 2024 tax return and you are not sure when you could get the money, have a look at the following piece of information.
- have you filed electronically?
- have you requested a direct deposit?
- have you filed an accurate and complete tax return?
Those taxpayers who can answer “yes” to these 3 questions may receive their 2024 tax refund within 21 days in most cases. However, if they IRS needs to review your case, your 2024 tax refund deposit may take longer than 21 days. Use the “Where’s my Refund?” tool to know the exact day.
Taxpayers whose tax returns are fine and who filed electronically and requested a direct deposit may get their money:
- tax return filed on March 3: IRS direct deposit on March 24
- tax return filed on March 4: direct deposit on March 25
- tax return filed on March 5: direct deposit on March 26
- tax return filed on March 6: direct deposit on March 27
- tax return filed on March 7: direct deposit on March 28
- tax return filed on March 8: direct deposit on March 29
- tax return filed on March 9: direct deposit on March 30