In the United States, the deadline for filing tax returns is approaching as the calendar advances. The deadline of April 15th is less than a week away, and over 70 million taxpayers have already fulfilled their tax requirement.
Despite being impressive, the number is a 1.7% decrease from the same time last year, according to the IRS’s most recent data.
In spite of this, the quantity of refunds has increased in comparison to the prior campaign. In comparison to 2024, the IRS has already reimbursed about $162.992 billion, a 6.7% increase.
A significant portion of that sum—160,919 million—was transferred by direct deposit, a technique that is becoming more and more well-liked because of its quickness and security.
Millions of people are relieved by this economic boost at a time when inflation and the cost of living are still burdening many households.
Those who have already received their direct deposit have collected an average of $3,330, which is 4.8% more than the previous year. This indicates that the average amount being reimbursed has also grown.
However, as usual, that sum can differ significantly based on each taxpayer’s unique circumstances.
so that before April 15th, you can receive your reimbursement
The money being returned to individuals who have already filed their forms has not changed, notwithstanding a minor decline in the number of returns.
In actuality, the average refund for the entire 2025 campaign is $3,271, a 5.2% rise from the year before. In an economy where every dollar matters, these numbers show an increase that is very welcome.
It is still preferable for individuals who haven’t submitted their return yet to do so electronically and ask for direct deposit. If three fundamental requirements are satisfied, this is the quickest way to receive the money:
- Your return was electronically filed.
- You have asked for a direct deposit refund.
- You have filed a thorough and flawless return.
The IRS predicts that the deposit may arrive in 21 days or less if these conditions are satisfied. The procedure can take a few extra days if a second review is required.
You can use the IRS website’s “Where’s My Refund?” function to see the status of your return.
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Additionally, the IRS has released an estimated timeline that connects the submission date to the day you could receive your deposit:
| March Date | April Date |
| March 10 | April 1, 2025 |
| March 11 | April 2, 2025 |
| March 12 | April 3 |
| March 13 | April 4 |
| March 14 | April 5 |
| March 15 | April 6 |
| March 16 | April 7 |
| March 17 | April 8 |
| March 18 | April 9 |
| March 19 | April 10 |
| March 20 | April 11 |
| March 21 | April 12 |
| March 22 | April 13 |
| March 23 | April 14 |
| March 24 | April 15 |
There is still time to take action even if many customers have already received their refund. In addition to avoiding penalties, filing your return as soon as possible enables you to get your refund before the deadline.
The earlier you file your return, the sooner you will receive that money in your account. Keep in mind that the deadline is April 15th.
