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The average refund issued through March 1 was $3,182, according to the IRS release. Last year at this time, refunds averaged $3,028. Last year at this time, refunds averaged $3,028.
The outlet said refunds could take longer during peak filing times in April, while refunds that include the Earned Income Tax Credit or the Additional Child Tax Credit can't be issued until mid ...
Yet another key, perhaps lesser known, date — Feb. 13 — came into play to hold up thousands of state income tax refunds in Michigan this tax season. ... Early tax refunds issued by the IRS so ...
The IRS lists the following issues that might extend the tax refund processing time and delay your refund: Amended return refunds take about 16 weeks. You’re filing an injured spouse claim.
By late May, the IRS reported it had received about 145 million individual income tax returns and issued 96 million refunds to those filers. About 66% filing received refunds. Even so, the tax ...
The agency said this week that more than $1 billion in unclaimed refunds for tax filing year 2020 are sitting in its coffers, and that it's still possible for eligible filers to claim.
The findings also indicate there were $7.9 million early refunds processed in 2023 and only $2.6 million this year, down 67.3%; however, there's a reason for that difference, according to the ...
Last year, the average tax refund was $3,167 as of December 2023, according to the IRS. As of now, the average tax refund for 2024 is $1,395, but that's likely to go up the further we get into tax...