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The IRS issued a total of $334.8 billion in income tax refunds through Dec. 29, down 6.9% from the same period in 2022. The total number of refunds was down 4.4%.
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.
With only a few weeks to go until Tax Day on April 18, this year's tax filing season has been going smoothly. According to CNN, recent IRS filing statistics indicate more returns are being ...
Most taxpayers receive their refunds within 21 days of filing. If you choose to have your refund deposited directly into your account, you may have to wait five days before you can gain access to it.
For one reason or another, you may have failed to file tax returns for past years. If you're in this boat, don't panic -- the best thing to do is to play catch-up as soon as possible. See ...
However, last year, the IRS pushed back the deadline for filing 2021 tax returns and for paying taxes owed because of the Emancipation Day holiday in Washington, D.C.
Experts and even the IRS are warning that tax refund “sticker shock” will happen early this year for 2022 returns because some of the pandemic benefits that padded refund checks expired in the ...
Last month, refunds were almost 29% smaller compared to refunds already sent in 2023. That was mainly due to the loss of seven extra days of filing in 2024 compared to 2023.