The Internal Revenue Service (IRS) has begun receiving, processing, and disbursing tax refunds for 2024 individual returns since the start of the 2025 tax season, which began on January 27, 2025.
For electronically filed returns, refunds are often given out within 21 days, though mistakes, certain credits, or filing techniques may cause delays.
Since March is almost over, some people who filed their taxes early in the season are already eagerly awaiting their direct deposits or paper checks.
However, the first people on the list in the days ahead are those who fulfilled an extra requirement: they filed their taxes electronically rather than on paper using the “e-filling” system.
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Next week, millions of dollars in tax refunds arrive.
Taxpayers who e-filed between February 24 and March 2, 2025, will get their refunds between March 22 and March 31, according to the 2025 refund timetable.
The estimated dates are shown in the table below:
| Electronic Filing Date Range | February 24 to March 2, 2025 |
| Direct Deposit Refund Date | March 22, 2025 |
| Mailed Check Refund Date | March 29, 2025 |
Filers include individuals who prefer to file toward the beginning of the season but before the busiest times of late March and early April, or those who filed early in the season, sometimes awaiting papers such as the W-2.
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Keep in mind that tax credits like the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) are not included in refunds given to taxpayers before the middle of February.
This could have an impact on averages in subsequent periods.
In 2025, the average tax refund has gone up
We need much more recent data to get the precise average refunds for 2025, since the IRS has not yet provided any new figures.
However, using data up to March 7, 2025, we may offer a prognosis as a guide: up until that point, the average refund was $3,324.
In comparison to the same period in 2024, this average, which represents the sixth week of tax season, indicates a 7.2% rise in the total amount of refunds issued ($145 billion).
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The starting averages, however, were lower; for instance, the average was $2,169 as of February 14, 2025.
The reason for this increase in the average is that tax credits like the ACTC and EITC, which are given out after the middle of February each year, were not included in the original refunds.
Given that a higher number of returns were processed during the March 22–31 timeframe, it is safe to believe that the average of $3,324 is representative.
The average refund may rise in the following weeks, according to some historical data.
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