Are You On the List for $3,330 IRS Tax Refunds? They’re Coming This Week!
The IRS has begun sending out tax refunds for millions of Americans, with many set to receive an average refund of $3,330. This week marks the latest round of refunds, which is a welcome financial boost for taxpayers.
Refunds are expected to be higher than last year’s average, which saw a 4.8% increase. For some, the extra cash could make a big difference as inflation continues to affect everyday expenses. The IRS has already refunded over $160 billion this tax season, a significant jump compared to last year.
Refunds You Can Expect
The average refund this week will be $3,330, with many people receiving their payments via direct deposit. This method is the fastest and most secure way to get your money. If you’ve already filed your 2024 taxes electronically, you may see your refund show up within 21 days, depending on when you submitted your return.
How to Know When You’ll Get Your Refund
If you filed your tax return in March, your refund could be arriving this week. For those who filed electronically, the IRS typically processes refunds quickly. However, if there’s a mistake on your return or additional review is needed, it may take longer.
How to Check the Status of Your Refund
You can easily track the progress of your refund using the IRS “Where’s My Refund?” tool. This service gives you up-to-date information on your refund’s status, so you’ll know exactly when to expect it.
Tips to Ensure a Smooth Refund Process
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File your taxes electronically for faster processing.
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Use direct deposit to get your money quickly.
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Double-check your tax return for accuracy to avoid delays.
For those who haven’t filed yet, it’s important to do so as soon as possible to ensure timely processing. The sooner you file, the sooner you’ll receive your refund.
If you’re expecting a refund, check your bank account soon – you might be among those getting a direct deposit this week!
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