{"id":9886,"date":"2025-02-09T04:48:42","date_gmt":"2025-02-09T04:48:42","guid":{"rendered":"https:\/\/finderica.com\/?p=9886"},"modified":"2025-02-09T04:48:42","modified_gmt":"2025-02-09T04:48:42","slug":"heres-the-average-payment-through-jan-31","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=9886","title":{"rendered":"Here’s the average payment through Jan. 31"},"content":{"rendered":"
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Hispanolistic | E+ | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Tax season has kicked off, and the IRS has issued roughly 3.2 million refunds<\/a> this year as of Jan. 31, the agency reported.\u00a0<\/p>\n

This represents current-year returns filed.<\/p>\n

The average refund was $1,928 over the first four days of the filing season. <\/p>\n

However, the IRS expects more than 140 million individual filings through the April 15 deadline, so the average refund could change throughout the season.<\/p>\n

Typically, you can expect a refund when you overpay taxes throughout the year via paycheck withholdings or estimated payments.<\/p>\n

More from Personal Finance:<\/strong>
Your tax return could be ‘flagged for audit’ without these key forms
‘Where’s my refund?’ How to check the status of your federal tax refund
Lower earners can see ‘five-figure refunds’ from these tax credits<\/p>\n

As of Dec. 27, the average refund for the 2024 season was $3,138<\/a>, which is about 1% lower than the average payment in 2023, according to the IRS.<\/p>\n

You can check the status of your refund for the 2025 season via the “Where’s My Refund?<\/a>” tool or the\u00a0IRS2Go<\/a>\u00a0app.<\/p>\n<\/div>\n

<\/a>How to get a faster tax refund<\/h2>\n
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“Filing electronically and selecting direct deposit is the best way to get your refund quickly,” former IRS Commissioner Danny Werfel said in early January.<\/p>\n

Typically, the IRS issues most refunds in less than 21 days<\/a>, but several factors can impact your refund timing, according to the agency.<\/p>\n

By law, the IRS can’t issue earned income tax credit or additional child tax credit refunds before mid-February. Those refunds should arrive by March 3 if there are no issues with your tax refund, the agency said.\u00a0<\/p>\n<\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hispanolistic | E+ | Getty Images Tax season has kicked off, and the IRS has issued roughly 3.2 million refunds this year as of Jan. 31, the agency reported.\u00a0 This represents current-year returns filed. The average refund was $1,928 over the first four days of the filing season. However, the IRS expects more than 140<\/p>\n","protected":false},"author":1,"featured_media":9887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[396,255,3928,389],"class_list":{"0":"post-9886","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-average","9":"tag-heres","10":"tag-jan","11":"tag-payment"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/9886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9886"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/9886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/9887"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}