The 2025 tax season is in full swing, and the IRS has already begun processing refunds. With the average tax refund expected to be $1,928, many taxpayers are eagerly awaiting their payments.
However, time is running out—there’s just one week left to file and receive your refund quickly.
If you haven’t filed yet, now is the time to act. This guide covers everything you need to know about the refund timeline, tracking your payment, and maximizing your refund.
$1,928 Tax Refund Deadline For Taxpayers
The IRS started accepting tax returns on January 27, 2025, and taxpayers who filed early may have already received their refunds. If you want to get your refund as soon as possible, it’s crucial to file before the final deadline.
Important Tax Deadlines
| Event | Date |
|---|---|
| IRS begins processing tax returns | January 27, 2025 |
| Earliest refunds for EITC/ACTC claimants | February 15, 2025 |
| Recommended final date to file for fast refund | 1 Week Left |
| Tax filing deadline | April 15, 2025 |
Processing
The IRS processes refunds based on the method you use to file your return.
Fastest Way to Receive Your Refund
The quickest way to receive your tax refund is to:
- E-file your return instead of mailing a paper return.
- Choose direct deposit rather than waiting for a paper check.
- Double-check for errors before submitting to avoid delays.
If you e-file and select direct deposit, you can expect to receive your refund within 21 days. Paper filers, on the other hand, may wait over four weeks due to manual processing.
Tracking Your Refund
You can track your refund status using the IRS “Where’s My Refund?” tool.
How to Use the IRS Refund Tracker:
- Visit the IRS “Where’s My Refund?” page.
- Enter your Social Security Number (SSN), filing status, and refund amount.
- Check your status in real-time.
The IRS also offers the IRS2Go app for mobile tracking.
Delays
While most taxpayers receive their refunds within three weeks, some returns may be delayed.
Common Reasons for Refund Delays:
- Claiming Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC): By law, refunds with these credits cannot be issued before mid-February.
- Incorrect or incomplete tax information: Mistakes in SSNs, income, or banking details can cause delays.
- Paper filing instead of e-filing: Manual processing takes longer.
- Outstanding tax debts or government offsets: If you owe federal or state debts, part of your refund may be withheld.
Maximizing
Getting the most out of your tax refund requires smart tax planning.
1. Claim All Eligible Tax Deductions and Credits
Make sure you’re taking advantage of deductions and credits, such as:
- Child Tax Credit: Up to $2,000 per child under 17.
- Earned Income Tax Credit (EITC): Helps low- and moderate-income taxpayers.
- Education Credits: Such as the American Opportunity Credit and Lifetime Learning Credit.
2. Contribute to Retirement Accounts
Contributions to an IRA or 401(k) can lower your taxable income and increase your refund. Contributions must be made by April 15, 2025, to count for the 2024 tax year.
3. Check for State Refunds
Some states offer additional refunds, separate from the IRS. Visit your state’s tax website to see if you qualify.
4. Review Your Filing Status
Your filing status affects your refund. Filing as “Married Filing Jointly” may offer a higher refund than “Married Filing Separately.”
Mistakes
Avoiding common tax filing mistakes can help prevent delays in receiving your refund.
1. Incorrect Social Security Number (SSN)
A simple typo in your SSN can cause IRS processing issues. Double-check all personal details before filing.
2. Incorrect Bank Information
If you enter the wrong bank account number for direct deposit, your refund may be delayed or sent to the wrong account. Always verify your routing and account numbers.
3. Forgetting Required Tax Forms
Make sure to include all necessary forms, such as:
- W-2 forms (for employment income).
- 1099 forms (for freelance or investment income).
- Receipts for deductions and tax credits.
4. Filing the Wrong Tax Year
Ensure you are using the correct forms for the 2024 tax year, not previous years.
With just one week remaining, now is the time to act. File your return, select direct deposit, and track your refund to receive your money as quickly as possible.
Don’t wait until the last minute—avoid delays and ensure you get your $1,928 tax refund without complications.
