IRS Tax Refunds Are Bigger This Year Than 2023: Here’s How Much – CNET

The 2024 tax season has been chugging along for over nine weeks now, and now there’s just over one week left until filing season officially wraps up, with the season having kicked off on Jan. 29 and ending April 15. The amount of tax refund money the IRS has sent out is continuing to pick up, even though the total number of refunds sent so far in 2024 is continuing to lag slightly behind the numbers for the same period in 2023.

tax tips badge art tax tips badge art

Smart Money Advice on the Topics That Matter to You

CNET Money brings financial insights, trends and news to your inbox every Wednesday.

The IRS had also received 90.3 million returns by March 29, up by 0.2% from the 90.1 million it received by March 31, 2023.

Of the 90.3 million returns received so far, just over 87.3 million of those were filed electronically, the IRS said — 46.3 million from professional tax preparers and another 41 million from self-preparers.

Leave a Reply