As of March 14, 2025, in the 2025 tax season, the IRS (Internal Revenue Service) announced that over 70 million Americans have already filed their tax returns. This number is just a bit less than 2024 because 1.7% more tax returns were submitted by this time last year.
To date, a total of $162.992 billion has been refunded by the IRS, which is 6.7% higher than March 15, 2024. Of this amount, $160.919 billion has been credited via direct deposit, which is 6.8% higher than previous year.
Average Refund from IRS Direct Deposit
As of March 14, 2025, the estimated average direct deposit tax refund is $3,330. This is 4.8% more than in 2024. This higher amount is good news for Americans, as it will fight inflation and increasing prices.
The 2025 average tax refund is $3,271, which is 5.2% more than the previous year. While the number of taxpayers visiting the IRS website and hiring tax professionals has decreased, this has not impacted the refunds.
IRS Direct Deposit Payment Schedule
If you’ve already filed your 2024 tax return and are wondering when you’ll get your refund, keep the following in mind:
- Did you file your tax return electronically?
- Did you request direct deposit?
- Is your tax return accurate and complete?
If you reply “yes” to all three of the above questions, you should get your tax refund within 21 days in most situations. But it could take longer than 21 days to get your refund if the IRS must review your file.
Possible Dates for IRS Direct Deposit Payments
If your tax return is filed electronically with no errors and you opt for direct deposit, your potential payment dates would be as follows:
- Tax return filed on March 3 → Direct deposit on March 24
- Tax return filed on March 4 → Direct deposit on March 25
- Tax return filed on March 5 → Direct deposit on March 26
- Tax return filed on March 6 → Direct deposit on March 27
- Tax return filed on March 7 → Direct deposit on March 28
- Tax return filed on March 8 → Direct deposit on March 29
- 9 Tax return filed on March → Direct deposit on March 30
How to check refund status?
If you want to know how long before your refund comes in, you may use the IRS’s “Where’s My Refund?” application. The application will provide you with details about where your refund is and when you can expect to receive it.
The refund amounts by the IRS have increased in 2025. US taxpayers will be relieved since the average refund amount is $3,330. Payments are being done faster via direct deposit, enabling taxpayers to access their money immediately. If you have not filed your tax return as yet, fill it as quickly as possible so that you may also receive your refund in a timely manner.
FAQs
Q1. How much is the average IRS direct deposit refund in 2025?
The average direct deposit refund is $3,330 as of March 14, 2025, which is 4.8% higher than in 2024.
Q2. How long does it take to receive my IRS tax refund?
If you filed electronically, requested direct deposit, and submitted an accurate tax return, you may receive your refund within 21 days in most cases.
Q3. How can I check my IRS refund status?
You can check your refund status using the “Where’s My Refund?” tool on the IRS website.
Q4. What if my refund takes longer than 21 days?
If your refund is delayed, the IRS may need to review your case. In such cases, it could take more than 21 days to process.
Q5. When will I get my refund if I filed between March 3-9, 2025?
Depending on your filing date, refunds are scheduled between March 24-30, 2025 via direct deposit.