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As the 2025 tax season progresses, the Internal Revenue Service (IRS) continues to issue refunds to eligible taxpayers.
Notably, average direct deposit refunds have risen by 2.5%, reaching $3,029 as of early May.
For those who filed electronically and opted for direct deposit, refunds are typically processed within 21 days, making the period from May 22 to May 31 significant for many awaiting their refunds.
IRS Refund Schedule: May 22–31, 2025
Taxpayers who filed their returns electronically and chose direct deposit can anticipate their refunds based on the following schedule:
| Filing Date | Estimated Refund Date |
|---|---|
| May 1 | May 22 |
| May 2 | May 23 |
| May 3 | May 24 |
| May 4 | May 25 |
| May 5 | May 26 |
| May 6 | May 27 |
| May 7 | May 28 |
| May 8 | May 29 |
| May 9 | May 30 |
| May 10 | May 31 |
Note: Bank processing times may vary, potentially causing slight delays in fund availability.
Key IRS Refund Statistics for 2025
The IRS has reported several notable statistics for the 2025 tax season:
- Average Direct Deposit Refund: $3,029, a 2.5% increase from 2024.
- Total Refunds Issued: Approximately 86 million, consistent with the previous year.
- Total Amount Refunded: $253.116 billion, marking a 3.2% increase from 2024.
- Average Overall Refund: $2,942, up by 3.3% compared to last year.
Factors Influencing Refund Timing
Several elements can affect the timing of your tax refund:
- Filing Method: Electronic filings are processed faster than paper submissions.
- Refund Delivery Method: Direct deposits are quicker than mailed checks.
- Accuracy of Return: Errors or incomplete information can delay processing.
- Claimed Credits: Certain credits, like the Earned Income Tax Credit (EITC), may extend processing times.
- Bank Processing Times: Financial institutions may take additional days to post refunds.
Tracking Your Refund
To monitor the status of your refund, utilize the IRS’s “Where’s My Refund?” tool, available on their official website. This tool provides real-time updates on the processing and delivery of your refund. I
The IRS continues to process and issue refunds efficiently, with average direct deposit amounts increasing to $3,029 in 2025.
By understanding the refund schedule and ensuring accurate, timely filings, taxpayers can anticipate receiving their refunds within the expected timeframe.
FAQs
What should I do if my refund hasn’t arrived after 21 days?
If it’s been over 21 days since you filed electronically and you haven’t received your refund, check the “Where’s My Refund?” tool for updates. Delays can occur due to errors, incomplete information, or additional review requirements.
Can I still receive a refund if I filed after May 10?
Yes, but the estimated refund dates will be later than May 31. Refunds are typically issued within 21 days of filing, so plan accordingly.
How can I ensure a faster refund next year?
To expedite your refund, file your return electronically, choose direct deposit, ensure all information is accurate, and file early in the tax season.IRS