Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

When to expect your tax refund and how to track it with IRS tool

The average refund stood at $3,167 last year and analysts have projected it could be $1,000 higher this year, largely due to recent changes in tax legislation
The average refund stood at $3,167 last year and analysts have projected it could be $1,000 higher this year, largely due to recent changes in tax legislation (Getty/iStock)
  • The IRS expects 164 million tax returns to be filed by the April 15 deadline, with average refunds projected to be $1,000 higher this year compared to last year.
  • A refund is issued when a taxpayer has paid more tax throughout the year than they ultimately owe, often due to withholding. Even without an overpayment, a refund may still be due if you qualify for a refundable credit, such as the EITC or Child Tax Credit.
  • For those filing electronically, the IRS says refunds should be processed in 21 days or less, with direct deposit options potentially speeding up the process further. Paper returns could take four weeks or more, and any necessary amendments or corrections will extend the timeframe.
  • The IRS anticipates most refunds for the EITC, Child Tax Credit, and Additional Child Tax Credit will be deposited into accounts or loaded onto debit cards by March 2 for those opting for direct deposit.
  • The agency warns against relying on a refund by a specific date, particularly when planning significant purchases or bill payments. Taxpayers can track their refund status using the Where’s My Refund? online tool, the IRS2Go app, or an IRS Individual Online Account.
In full

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in