Direct deposits and cheques are still being sent out by the Internal Revenue Service (IRS) to eligible recipients who have recently filed their taxes. Another possibility is that certain tax refund payments are made in the month of July, but they were not distributed within the allotted time frame of 21 days because the Agency had to analyze them in order to determine whether or not the taxpayer was eligible for them. Tax refunds are currently worth an average of $2,939, which is approximately 2.4% greater than in 2024.
Another interesting information is that the average amount of money that is refunded through direct deposit is $3,034, which is an increase from $2,960 in the year 2024. In reality, it is 2.5% greater than in 2024, which means that taxpayers are receiving more than they did the previous year. Depending on the taxpayer, the amount of time it takes to collect the money from the Internal Revenue Service (IRS) after filing their 2024 tax return may be as little as ten days. It is possible that some individuals will have to wait a little bit longer, and the payment for their refund will be deposited within 21 days. Some people have been granted tax relief, others have been granted an extension of time, and still others are not forced to file because they earn too little but have lately found that they are eligible for a tax credit and have applied for it. This is the case even though the deadline to file has passed for the majority of taxpayers.
IRS’ possible schedule if you get it in 10 days
If your tax return for 2024 is faultless, you may be eligible for a refund check that is made more quickly than usual. This indicates that you provided the Internal Revenue Service with accurate information and that you filled out the form correctly.
In addition, if you have chosen to file your 2024 tax return electronically and you require a direct deposit, it is possible to receive your direct payment in a period of time that is fewer than 21 days. Listed below is a potential timetable:
- Tax returns filed on June 21: IRS direct deposit may be issued on July 1, 2025
- Tax returns filed on June 22: direct deposit may be issued on July 2, 2025
- Tax returns filed on June 23: direct deposit may be issued on July 3, 2025
- Tax returns filed on June 24: direct deposit may be issued on July 4, 2025
- Tax returns filed on June 25: direct deposit may be issued on July 5, 2025
- Tax returns filed on June 26: direct deposit may be issued on July 6, 2025
- Tax returns filed on June 27: direct deposit may be issued on July 7, 2025
- Tax returns filed on June 28: direct deposit may be issued on July 8, 2025
- Tax returns filed on June 29: direct deposit may be issued on July 9, 2025
- Tax returns filed on June 30: IRS direct deposit may be issued on July 10, 2025
IRS refund payments within 21 days
There is also the chance that payments are issued by the Internal Revenue Service within a period of twenty-one days. On the other hand, if you submitted your tax return on June 10th, the payment for your tax refund might be deposited on July 1st, 2025.
Remember that even though the Internal Revenue Service (IRS) may have already paid your refund, it may take some time for your bank to complete the payment. Once you notice the status “sent,” it is recommended that you wait for your direct deposit from the IRS for a period of five days.
In order to obtain information regarding the current status of your tax return, you will need to make use of the “Where’s My Refund?” informational service. Everyone who pays taxes is not required to pay for it, and it may also be checked online.
