IRS Tax Refunds Going Out This Week—Are You Getting $2,065?

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The 2025 tax season officially began on January 27, with millions of Americans already having filed their 2024 tax returns. The IRS has set the filing deadline for April 15, giving taxpayers plenty of time to submit their returns. While not everyone has filed yet, many early filers are already seeing their refunds processed.

Average Tax Refunds So Far

As of February 7, the average tax refund stands at $2,065. Those opting for direct deposit are receiving slightly higher amounts, averaging $2,165. These figures show an 18% increase compared to last year, though refund amounts may fluctuate as more returns are processed.

Who Will Receive a Tax Refund This Week?

If you’re expecting a refund this week, several factors determine when it will arrive:

  • Your tax return must be complete and accurate.
  • You must have filed electronically for faster processing.
  • You must have selected direct deposit rather than a paper check.

The IRS typically processes refunds within 21 days for electronic filers. Based on submission dates, here’s when refunds may be issued:

  • February 24 – Filed on February 3
  • February 25 – Filed on February 4
  • February 26 – Filed on February 5
  • February 27 – Filed on February 6
  • February 28 – Filed on February 7
  • March 1 – Filed on February 8

Tracking Your Refund with the IRS

The IRS provides an easy way to check the status of your tax refund through the “Where’s My Refund?” tool on their website. Taxpayers should allow at least 24 hours after filing before checking the tool for updates.

Paper returns take longer to process, and the IRS updates refund information once per day, so there’s no need to check multiple times.

For those still waiting on their refunds, patience is key as processing times may vary based on IRS workload and individual tax situations .

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