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The total number of refunds was down 4.4%. The IRS issues most refunds in less than 21 days, especially when the return is filed electronically, and the refund is to be made via direct deposit ...
As of Feb. 9, the latest data available, the Internal Revenue Service reported that the average refund was $1,741. That's down 12.8% from an average of $1,997 through Feb. 10, 2023.
Roughly 1.2 million taxpayers faced incredibly long waits last year for their tax refund cash after getting hit by tax-related ID theft, report says.
According to the Internal Revenue Service, 77% of tax returns filed in 2004 resulted in a refund check, with the average refund check being $2,100. [1] In 2011, the average tax refund was $2,913. [ 2 ] [ 3 ] For the 2017 tax year the average refund was $2,035 and for 2018 it was 8% less at $1,865, reflecting the changes brought by the most ...
The Internal Revenue Service is holding 29 million returns for manual processing — delaying refunds for many — because of pandemic-related law changes, processing errors, and fraud detection.
Don't make a simple mistake that can lead to a delay.
The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain ...
IRS offices around the country were closed, phones went unanswered, and refund checks were delayed before the government reopened on Jan. 25. The government has never been closed in February ...