An IRS tax refund could be on the way in June 2025 for those who filed their 2024 taxes on time. Eligible Americans who filed their taxes are anticipating refunds this month. Others who filed extensions may receive a refund later. Some individuals may experience delays, but refunds are expected to arrive within the next few weeks, potentially resulting in a significant budget boost.
How Much Is the Tax Refund?
Typically, filers get an anticipated amount they owe or their refund total at the time of filing their 2024 taxes. Many rely on these tax refunds to pay bills and get a few extras that might not fit into the daily budget.
According to an IRS update released in April, the average tax refund for 2025 is $2,945. This is close to the average received by taxpayers last year. The exact amount varies based on whether you file individually or jointly, deductions, credits claimed, and your income bracket.
Is a Tax Refund Faster for E-Filers?
In most instances, e-filers receive their refund faster than paper filers. Those who choose to file taxes electronically and get direct deposit get their money quicker, as no manual processing is needed. Those who mailed paper returns will wait longer for the IRS to receive, sort, and process the returns. It could take days or weeks longer than e-filing.
Tax Refund Dates for E-Filers
For those who e-filed between May 1 and May 15, they should watch for refunds between May 22 and June 5. If you e-filed between May 16 and May 31, refunds will be issued between June 6 and June 19. E-filers who filed earlier may receive their refunds in the next couple of weeks. Reasons for delays may include missing information on tax returns, errors in paperwork, or processing issues.
Tax Refund Dates for Paper Filers
For those who filed by paper between May 1 and May 15, checks should be mailed between May 29 and June 11. If you filed between May 16 and May 31, checks will go out between June 13 and June 26. Those who filed by mail may expect refunds as early as June or as late as early July. A reduction in staff due to recent budget cuts at the IRS could delay processing.
The Wrapup
IRS tax refund season is here for those who filed or e-filed. Early e-filers could expect refunds within the next two or three weeks. Paper filers are likely to receive checks later due to receipt and processing times. While most refunds should be issued in June, refunds may arrive as late as July.