The Internal Revenue Service (IRS) may be delivering tax refunds if you meet all the conditions to get money on February 20, 2025. In the first place, you must have filed your 2024 tax return 21 days ago.
Therefore, if you filed your return on January 30, 2025, you have chances to get your tax refund on February 20, 2025. This will be possible if you have filed an accurate and complete tax return, requested direct deposit, and filed electronically.
PFD payments will also arrive on Feb. 20, like some IRS direct deposits
The Department of Revenue in the State of Alaska has confirmed that there is a PFD payment on February 20, 2025. Hence, it will not just be IRS tax refund delivered today, but also money from the Permanent Fund Dividend in Alaska.
If you are not sure if you are receiving the Permanent Fund Dividend payment on February 20, check the status online. If it says “Eligible-Not Paid” you will receive your payment on the 20th.
When it comes to the PFD amount, the 2024 payments are about $1,702. On average, as of February 7, the IRS tax refunds from 2024 tax returns are higher than these payments in Alaska.
IRS announces average tax refund amounts
As a matter of fact, the average refund amount is $2,065, up from $1,741 in the same date in 2024. Of course, these IRS figures must be taken with a pinch of salt.
This is because it is early to know more realistic statistics. In the coming weeks, the results of these statistics will certainly level out. Direct deposits also have a higher amount on average.
As of February 7, the Average direct deposit refund amount is $2,165. Bear in mind that it was just $1,831 about a year ago. One interesting fact is that the total number of direct deposit refunds has also increased during the 2025 tax season. It may imply that more taxpayers have been ready to file as soon as the 2025 tax season started.
