The IRS started the 2025 Tax Season back in January and it will continue until April 15, 2025. Although not all American taxpayers qualify for a 2024 tax refund, many do.
To receive a tax refund, if you qualify, you must generally wait for 21 days. Bear in mind that the IRS will make sure that meet all the requirements before you get your money within 3 weeks.
IRS refunds are higher so far
Great news for taxpayers because average payments are higher during the 2025 tax season. For example, the average refund amount is 5.2% higher, and the average direct deposit refund amount is about 4.8% higher as well.
The average refund amount is $3,271 and the average direct deposit is about $3,330. The amount of your 2024 tax refund will depend on different factors. For example, the IRS will check your income, tax credits claimed, and withholdings.
Some recipients may qualify for the Earned Income Tax Credit full amount. Hence, their payment will be higher than average. Some families with dependents may be eligible for the Child Tax Credit. And these are just a couple of examples.
How to get a fast tax refund from the IRS in 2025
Only those taxpayers who have filed electronically, requested a direct deposit, and submitted an accurate return can get their money within 21 days. anyway, it is advisable to check your tax refund status online.
In this way, you will be able to know if your tax refund is on time, it has been delayed, or it is under review. For your information, there is a free IRS tool to know more about your tax refund status.
It is known as the “Where’s my refund?” tool and it can even let you know if you need to contact the IRS for any reason. File before April 15, 2025, to avoid unnecessary delays or fees.
