The calendar advances, and so does the deadline for filing tax returns in the United States. With less than a week until the April 15 deadline, more than 70 million taxpayers have already met this tax obligation. The figure, while impressive, represents a 1.7% drop from the same period last year, according to the most recent IRS data.
Nonetheless, one aspect has improved since the previous campaign: the number of refunds. The IRS has already issued refunds totaling more than $162.992 billion, a 6.7% increase over 2024.
Much of that money, 160,919 million, was sent via direct deposit, which is becoming increasingly popular due to its speed and security.
At a time when inflation and rising living costs continue to put a strain on many families, this economic boost comes as a welcome relief to millions.
Furthermore, the average amount refunded has increased: those who have already received their direct deposit have collected an average of $3,330, which is 4.8% more than the previous year. However, as is always the case, the amount can vary greatly depending on each taxpayer’s individual circumstances.
So you can get your refund by April 15th
Although the number of returns has decreased slightly, the money returned to those who have already submitted their forms remains unchanged. The average refund in the 2025 campaign is $3,271, a 5.2% increase from the previous year. These figures show an increase, which is undoubtedly welcome in an economic environment where every dollar counts.
For those who have not yet filed their return, it is still best to do so electronically and request direct deposit. This is the fastest way to get the money, provided that three basic conditions are met:
- You have filed your return electronically
- You have requested a refund by direct deposit
- You have submitted a complete and error-free return
If these requirements are met, the IRS expects the deposit to arrive in 21 days or less. If further review is required, the process may take a few days longer. To check the status of your refund, use the “Where’s My Refund?” tool on the IRS website.
The IRS has also published an estimated timetable linking the date of submission with the day you could get your deposit:
- March 10 → March 31
- March 11 → April 1
- March 12 → April 2
- March 13 → April 3
- March 14 → April 4
- March 15 → April 5
- March 16 → April 6
- March 17 → April 7
- March 18 → April 8
- March 19 → April 9
- March 20 → April 10
- March 21 → April 11
- March 22 → April 12
- March 23 → April 13
- March 24 → April 14
- March 25 → April 15
While many have received their refunds, there is still time to act. Filing your return as soon as possible allows you to avoid penalties and receive your refund before the deadline. Remember, the deadline is April 15th, and the sooner you file your return, the sooner you will see the funds in your account.
