The IRS (Internal Revenue Service) has already issued more than 29,615,000 tax refunds in the United States. On average, tax refunds are worth $3,453, which is about 7.5% higher than in 2024. Those who qualify for an EITC or ACTC could not receive the first refunds deposited in 2025.
In many cases, eligible taxpayers of the EITC or the ACTC have not received their tax refunds until March 3, 2025. However, some taxpayers may have received their money a few days earlier. Refunds with these tax credits are so late because, by law, the IRS can’t issue EITC or ACTC refunds before mid-February. Therefore, it prevents you from getting the full refund before that date.
IRS payment schedule for EITC & ACTC recipients
Generally, tax refunds take about 21 days to be processed and sent. Following that IRS schedule, this is when you could receive your money. For your information, this is just illustrative, so it may take longer if the Agency needs to review something wrong or inaccurate in your 2024 tax refund.
Filing date & possible payday for EITC & ACTC
- February 11: direct deposit with EITC or ACTC may be delivered on March 4
- February 12: direct deposit with EITC or ACTC may be paid on March 5
- February 13: direct deposit with EITC or ACTC may be paid on March 6
- February 14: direct deposit with EITC or ACTC may be available on March 7
- February 15: direct deposit with EITC or ACTC may be delivered on March 8
- February 16: direct deposit with EITC or ACTC may be delivered on March 9
- February 17: direct deposit with EITC or ACTC may be paid on March 10
- February 18: direct deposit with EITC or ACTC may be paid on March 11
- February 19: direct deposit with EITC or ACTC may be paid on March 12
- February 20: direct deposit with EITC or ACTC may be paid on March 13
- February 21: direct deposit with EITC or ACTC may be paid on March 14
- February 22: direct deposit with EITC or ACTC may be paid on March 15
IRS & the “Where’s my refund?” tool
The easiest and fastest way to track your 2024 tax refund is to use the Internal Revenue Service tax refund tool. It is known as “Where’s my refund?” and it will allow you to know if your money is on its way or not.
Those who need to contact the IRS will have this information on the “Where’s my refund?” tool. Therefore, it is something you can check every morning until you get your tax refund.
The Agency usually updates the information 1 per day and overnight. Thus, there is no point in checking the “Where’s my refund?” tool 4 times per day because it will only be updated once.