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The IRS’s update on the progress of tax season this year so far shows that average tax refund amounts are up 18.6% versus the same time last year, total filings down slightly to date.
A household's tax refund may represent their biggest check for the entire year, with many consumers planning to use the money for debt repayment, emergency savings or a big purchase.
There’s also a three refunds-per-year limit on the number of direct deposits going into a single account. To avoid a delay in the future, consider changing your tax withholding for next year.
Hold onto your W-2s! The 2024 election could shake up your tax refund faster than you can say "1040-EZ." With Kamala Harris potentially taking the Oval Office, many Americans are wondering if their...
Getting an early start also could help you avoid refund delays. As of December 23, the IRS had over 6 million unprocessed returns, Manuel Dominguez, a senior tax research analyst for H&R Block’s ...
Form 1095-A may have implications for resolving differences between estimated and actual health insurance subsidies for marketplace plans. By contrast, Forms 1095-B and 1095-C are only sent to the individual and for his or her own reference, and the individual does not need to send them to the IRS, their employer, or anyone else for that matter ...
Six to eight weeks for those who e-file or paper file and request a refund check in the mail. 2025 tax season calendar: Key dates and deadlines to remember Jan. 27 : The IRS starts processing 2024 ...
The first IRS data is in, and the average refund is smaller this year. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...