IRS refund: Tax day arrives in the U.S., public urges to check the account as a direct deposit of $2,600
More than 70 million U.S. taxpayers have ticked the responsibilities for this year. However, data from the IRS showed a slight drop of 1.7% compared to last year’s figures, with many worried that a refund could be delayed this year for “frustrating reasons.”
IRS refund $162 billion
According to reports, data from the IRS has been accessed by Elon Musk and Doge, whose data has been refunded more than $162.992 billion this year. This is an increase of 6.7% compared to 2024. The average refund amount was $2,600, an increase of 4.8% over the previous year.
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Much of this money (especially $169.1 million) is sent through direct deposits – and has also become increasingly popular with the popularity of digital banking in recent years.
These tax rebates arrive in the life crisis and economic uncertainty brought about by Trump’s trade war, adding another layer of complexity to many struggling Americans, a cost of life crisis and economic uncertainty for Trump, which taxes contribute to the economic growth of many Americans, but many Americans also provide them with rapid taxation to their tax supply and supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply, supply Direct deposit. If everything is organized, IRS estimates the refund will arrive within 21 days.
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The IRS provides expected deposit dates
The IRS provides an estimated timeline that links tax dates to expected deposit dates:
March 10 → March 31.
March 11 → April 1.
March 12 → April 2.
March 13 → April 3.
March 14 → April 4.
March 15 → April 5.
March 16 → April 6.
March 17 → April 7.
March 18 → April 8.
March 19 → April 9.
March 20 → April 10.
March 21 → April 11.
March 22 → April 12.
March 23 → April 13.
March 24 → April 14.
March 25 → April 15.
If you haven’t submitted your taxes before April 15, don’t panic. You may face a penalty of unpaid, which is equivalent to 0.5% of your monthly unpaid balance until you submit or until the accumulated amount reaches 25% of the total amount owed.
