Larger Refunds and Last-Minute Filing Tips

As the tax deadline approaches on April 15, the Internal Revenue Service (IRS) reports that most of the tax returns filed to date have resulted in a refund. Of those receiving refunds, approximately 80% have been issued within 21 days. As of March 27, approximately 88 million returns have been filed and 63 million refunds have been issued via direct deposit, with an average refund of $3,571.