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IRS Begins 2024 Tax Refunds in June with Average Payout of $2,945

Taxpayers can track the status of incoming payments online using the IRS’s 'Where’s My Refund?' tool

File photo: the Internal Revenue Service Headquarters (IRS) building is seen in Washington.
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Overview

  • The IRS started disbursing refunds for 2024 filings in early June following the April 15 deadline.
  • The typical refund amount stands at about $2,945, according to IRS data.
  • Electronic filers choosing direct deposit are receiving payments within two to four weeks of submission.
  • Taxpayers who filed on paper or opted for mailed checks often wait until late June or early July.
  • Budget cuts, staff shortages and filing errors may cause additional delays in refund processing.