The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

The Trump administration’s changes to the federal government could alter the tax filing process for this year’s reporting period and beyond. Reports indicate the Department of Government Efficiency has taken a long look at the IRS,

More than a million American taxpayers could be leaving cash on the table as the deadline to claim tax refunds from three years ago is fast approaching. The Internal Revenue Service (IRS) has issued a warning that more than a million taxpayers are still eligible to receive a share of more than $1 billion in refunds—but they need to act quickly.

With staffing cuts at the IRS, many taxpayers are concerned about delays in receiving their refunds. Here are some things you can do to avoid a delay.

The IRS said the average refund amount has increased by 7.5% this year, going from $3,213 in 2024 to $3,453 so far in 2025. The average direct deposit refund was also up by 7.1% from last year – at an average of $3,505. The IRS began accepting tax returns on January 27, 2025.

While refunds are up, the number of people who’ve filed already is down compared to 2024. The IRS has received 42.7 million returns in 2025, down 4.2 percent compared to this time last year. Even with the number of returns not keeping pace with 2024, the total number of refunds issued so far (29.6 million) is up 2.3 percent.

How many tax returns has the IRS processed so far in 2025? On Friday, the IRS released statistics comparing its progress through the sixth week of tax season 2024 (ending March 8,

The IRS has announced that over $1 billion in tax refunds from the 2021 fiscal year remain unclaimed. With a deadline looming in 2025, eligible taxpayers still have a chance to claim their refunds. Discover who stands to gain the most and why some missed out on their refunds.