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The IRS Free File program, which is offered through tax software companies, is available to taxpayers with adjusted gross income of $84,000 or less in 2024. How long will it take to get my tax refund?
So far, 36,288,000 refunds have been given in 2024, compared to 42,040,000 in the same time frame in 2023. More than $115.46 billion in refunds have been given in 2024. When will I get my tax refund?
How much is the average federal tax refund for 2024? The average refund issued through Feb. 2 was $1,395, according to the IRS release. Last year at this time, refunds averaged $1,963.
Where's my refund? CPA Practice Advisor has put together a chart showing when you should expect you refund based on when you filed your taxes.
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 ...
That said, the IRS releases data periodically throughout tax season, and so far, the average tax refund is trending lower: $1,395 versus $1,963 at this time last year, the IRS said in a press ...
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Roughly 30% of Americans who received a tax refund in 2024 used the money for everyday expenses or to pay down debt. Approximately half planned to save their tax refund, according to Statista.