Even although I nonetheless have not sat down with my W-2 type and different essential tax paperwork to be able to file my 2024 tax return but, many early tax filers are already having fun with their tax refunds. The IRS reported right this moment that it has processed almost 32.8 million returns and issued 13.7 million refunds.
While the third week of tax season 2024 noticed an enormous soar in complete course of tax returns and common tax refund quantity, the third week of tax season 2025 was a bit extra subdued. Read on for a breakdown of how the IRS is performing to date this tax season.
For extra tax suggestions, try our important tax submitting cheat sheet and methods to monitor your refund from the IRS into your checking account.
How many tax returns has the IRS processed to date in 2025?
On Friday, the IRS launched statistics evaluating the third week of tax season 2024 (ending Feb. 16, 2024) with the third week of 2025 (ending Feb. 14, 2025). This 12 months, the IRS has processed 32.8 million federal revenue tax returns, down 5% from the 34.5 million returns it had processed by this time final 12 months.
The IRS has additionally obtained greater than 33 million tax returns complete to date, in contrast with 34.7 million final 12 months, marking a 4.9% lower.
The company additionally breaks down how returns have been filed, with 32.4 million returns obtained electronically (13 million filed by tax professionals and 19 million self-prepared).
How many tax refunds has the IRS issued in 2025?
The IRS has issued 13.7 million refunds, behind by 34.6% from the approximate 20.9 million despatched out at this level in February 2024.
The common tax refund quantity to date is $2,169, down 32.4% from final 12 months’s common of $3,207 presently final 12 months.
How do 2025’s tax refunds evaluate to 2024’s to date?
Despite processing almost as many tax returns, the IRS has solely issued $29.6 billion in tax refunds to date in 2025, a far cry from the $67 million in tax refunds the company had issued by this time in 2024, a 55.8% lower. That 2025 complete is predicated on the $2,169 common tax refund and the 13,657,000 complete tax refunds issued to date.
The IRS famous that enormous share variations in submitting statistics are typical for the start of every tax season. The numbers will even out as extra individuals — like me — collect essential tax paperwork and file within the coming weeks.
