Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

Predict RBA rate hike next week

March 16, 2026

Holiday spending and export demand drive China’s early year economic momentum

March 16, 2026

Federal court rules against CFPB in funding lawsuit

March 16, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Finance News»Here’s the average payment through Jan. 31
Finance News

Here’s the average payment through Jan. 31

February 9, 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Here’s the average payment through Jan. 31
Share
Facebook Twitter LinkedIn Pinterest Email

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. 

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 million individual filings through the April 15 deadline, so the average refund could change throughout the season.

Typically, you can expect a refund when you overpay taxes throughout the year via paycheck withholdings or estimated payments.

More from Personal Finance:
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

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

You can check the status of your refund for the 2025 season via the “Where’s My Refund?” tool or the IRS2Go app.

How to get a faster tax refund

“Filing electronically and selecting direct deposit is the best way to get your refund quickly,” former IRS Commissioner Danny Werfel said in early January.

Typically, the IRS issues most refunds in less than 21 days, but several factors can impact your refund timing, according to the agency.

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. 

See also  When is Cyber Monday? Here's What You Need To Know

Source link

average Heres Jan Payment
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleSmall-cap stocks look cheap – Is it a good time to buy?
Next Article SoFi vs. LendingClub: Which offers better personal loans?

Related Posts

Holiday spending and export demand drive China’s early year economic momentum

March 16, 2026

More women are pursuing the skilled trades: Here are their stories

March 15, 2026

OpenClaw breathes new life into this Chinese tech stock ahead of earnings

March 15, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Should crypto be part of your retirement investing strategy? Here’s what financial pros say

July 28, 2025

Inside the downfall of trading titan and Blackpool FC owner Simon Sadler

March 14, 2025

What are the different types of index funds?

December 16, 2025
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

Predict RBA rate hike next week

March 16, 2026

Holiday spending and export demand drive China’s early year economic momentum

March 16, 2026

Federal court rules against CFPB in funding lawsuit

March 16, 2026
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2026 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.