IRS Tax Refunds Jump: What Filers Should Expect This Season
IRS Tax Refunds Jump: What Filers Should Expect This Season
Early filing data show refunds up as much as 22% this season. Here's what filers should know.
Tax season is shaping up differently for many filers this year, as early filing data show the average refund up 10.9% so far. Officials also note refunds could be as much as 22% higher overall this season, depending on individual filing details.
Behind the headlines, the numbers can vary widely from person to person, and the figures reflect returns filed in the early part of the season.
A TIGTA report highlights that paper returns, while making up a small share of filings—about 6%—drive roughly 72% of processing costs. Funding cuts and staffing shortages are further complicating timely processing.
That combination means even as averages rise, taxpayers may still face variability and potential delays as the season progresses. Keeping an eye on notices and ensuring the information on file matches what was submitted can help minimize surprises if delays occur.
Overall, the season appears favorable for many filers, but the landscape remains nuanced as processing capacity and shifting filing formats influence when refunds arrive.
