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US revenue taxes are due in lower than a month, and meaning tens of millions of taxpayers have already filed their tax return and obtained their tax refunds. On Friday, the IRS stated it has processed over 69 million returns and issued 49 million refunds.
Through the seventh week of the 2024 tax season, the common refund quantity had risen by roughly 5.2% in comparison with 2023’s season. Read on for a breakdown of how the IRS is performing this season.
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How many tax returns has the IRS processed up to now in 2025?
On Friday, the IRS launched statistics evaluating its progress by means of the seventh week of tax season 2024 (ending March 15, 2024) with its progress by means of the seventh week of 2025 (ending March 14, 2025). So far this yr, the IRS has processed 69.6 million federal revenue tax returns, down 1.4% from the 70.5 million returns it had processed by the identical time final yr.
The IRS has additionally obtained greater than 70.3 million tax returns whole up to now, in contrast with 71.5 million final yr, marking a 1.7% lower.
The company additionally breaks down how returns have been filed, with 68.4 million returns obtained electronically (34.4 million filed by tax professionals and 33.9 million self-prepared).
How many tax refunds has the IRS issued in 2025?
The IRS has issued 49.8 million refunds, a 1.4% improve from the approximate 49.1 million despatched out at this level in March 2024.
The common tax refund quantity up to now is $3,271, up 5.2% from final yr’s common of $3,109 presently final yr.
How do 2025’s tax refunds examine to 2024’s up to now?
Although the IRS has processed 1.4% fewer tax returns up to now this yr, the company has issued $162.9 billion in tax refunds, a 6.7% improve from the $152.7 billion in tax refunds the company had issued by this time in March 2024.
The IRS famous that giant proportion variations in submitting statistics are typical for the start of every tax season. It precisely predicted that the numbers would even out as extra folks collect vital tax paperwork and file the nearer we get to the April 15 deadline.