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2w ago

IRS Begins June Rollout of 2024 Tax Refunds, Electronic Filers Lead

Direct-deposit refunds for e-filed returns typically arrive within three weeks.

File photo: the Internal Revenue Service Headquarters (IRS) building is seen in Washington.
(Image for representation) Use the IRS’s 'Where’s My Refund' tool to track your refund status in real-time, requiring your Social Security number, filing status, and expected refund amount.. (Photo by Jim WATSON / AFP)
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Overview

  • IRS began processing 2024 tax returns immediately after the April 15 deadline and started issuing refunds in early June.
  • E-filers who opted for direct deposit can expect refunds within 21 days, with May 1–15 submissions arriving by June 4.
  • Paper-filed returns undergo manual review and can see refunds as late as July 10 for May 1–15 filings and July 25 for May 16–31 filings.
  • The average refund for 2024 returns is about $2,940, though individual amounts vary based on income, withholding and credits.
  • Taxpayers can track their refund progress via the IRS’s Where’s My Refund? online tool and should ensure accurate, complete filings to avoid delays.