The 2025 tax season is officially underway, and millions of Americans are eager to find out when they will receive their refunds. If you’re expecting a tax refund this year, here’s everything you need to know about payment dates, refund amounts, and eligibility for key tax credits.
When Will the IRS Send Refunds?
The IRS started accepting tax returns on January 27, 2025, and the deadline to file is April 15, 2025. If you file electronically and choose direct deposit, you can expect your refund within 21 days of filing.
However, if you mail a paper return, your refund could take up to eight weeks to arrive.
For those who claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC), the IRS is required by law to hold refunds until mid-February. These refunds should be deposited in most bank accounts by March 3, 2025.
How Much Will Your Tax Refund Be?
As of January 31, 2025, the average IRS tax refund is $1,928. This is a 30% increase compared to last year.
Taxpayers who chose direct deposit received an average refund of $2,069, while those who opted for a paper check received about $1,543.
Who Qualifies for Key Tax Credits?
Many taxpayers qualify for tax credits that can boost their refund amounts. Here’s a breakdown:
- Earned Income Tax Credit (EITC): If you have low to moderate income, you could get up to $7,830 (for filers with children) or $632 (for those without children).
- Child Tax Credit (CTC): If you have children under 17, you may qualify for a tax credit of up to $2,000 per child. Of this amount, up to $1,700 is refundable.
- Recovery Rebate Credit: The IRS is automatically sending $1,400 stimulus payments to about 1 million Americans who didn’t claim this credit on their 2021 tax returns.
How to Check Your Refund Status
Want to know when your refund will arrive? Use the “Where’s My Refund?” tool on the IRS website or the IRS2Go mobile app. You’ll need your Social Security number, filing status, and refund amount to track your payment.
How to Get Your Refund Faster
To ensure your refund arrives as quickly as possible, follow these tips:
- File electronically – E-filing reduces processing time and errors.
- Choose direct deposit – It’s the fastest way to receive your money.
- Double-check your tax return – Mistakes can delay your refund.
- Beware of tax scams – Ignore viral tax “hacks” that could get you in trouble.
New IRS Changes for 2025
This year, the IRS has introduced Direct File, a free online filing service available in 25 states. This program allows eligible taxpayers to file directly with the IRS without needing third-party software.
Additionally, the IRS has warned taxpayers to avoid viral social media tax tips that could lead to delays or audits. If you’re unsure about a tax strategy, it’s always best to consult a licensed tax professional.
Bottom Line
If you’re expecting a refund this year, file early and opt for direct deposit to get your money faster. Keep an eye on the IRS website for updates, and make sure you take advantage of any tax credits you qualify for.
