The average tax refund so far is 32 percent lower this season than last year, according to early data.
The average IRS return for taxpayers who have already submitted their returns is $ 2,169 from February 14.
At the same point in the tax season last year, the average reimbursement was $ 3,207, according to IRS data data.
Although the average is currently lower than 2024, 'historically speaking, the submission of seasonal numbers is even out if more tax returns arrive, “said the IRS.
The figure was probably dragged down partly because the data does not include refunds with regard to earned income tax credit or extra tax credit for children.
These tax returns are not issued before mid -February, the IRS said.
Last year's archiving data for the same period includes returns that claim these credits.
These credits can convert some returns into amounts of five digits and therefore considerably increase the average discount.
The average tax refund so far this season is 32 percent lower than last year
Because these tax credits take longer to process the IRS, the IRS has warned at a specific date for a reimbursement to pay bills or make large purchases.
They take longer because under the federal protection of Americans against Tax Walking Act (Path) needs additional identity controls.
This year the IRS anticipates that reimbursements for those tax credits are available on the bank accounts of files or on debit cards on 3 March at the earliest.
Federal holidays and during the weekend can also delay the process.
For those who do not claim these credits and their federal returns electronically in file using a direct deposit, reimbursements are usually sent in less than 21 days, according to the IRS.
The tax season officially started on January 27 when the IRS started processing the declarations.
The IRS had received about 33 million individual tax returns by 14 February.
Although much of the process of submitting a tax return is the same as last year, there are some important changes that Americans must be aware of.
For most files, taxes for 2024 declarations are due on 15 April
The IRS expects to receive more than 140 million individuals this tax season
Everyone who sells items online or bought an electric vehicle in the past year must be careful with possible pitfalls that can influence their return.
In the meantime, more Americans are given the opportunity to submit their taxes for free under an extension of the direct file program.
For most files, taxes for 2024 declarations are due on 15 April.
Taxpayers who live in Los Angeles County and are affected by the recent devastating forest fires will have an extension until 15 October, in addition to others who have received a disaster tax.
The IRS expects to receive more than 140 million individual returns prior to the federal deadline.
It comes if the Department of Government efficiency (doge) continues to lower thousands of federal jobs, including expected cuts at the IRS.
It is not yet clear how cutbacks will influence this tax season of the IRS.
