Why some taxpayers may receive refunds in June
Why some taxpayers may receive refunds in June
(NEXSTAR) – Tax filing season has already come and gone, but some taxpayers may still be awaiting their federal refund. That could soon change.
Federal refunds were expected to be “very large” for tax year 2025, averaging more than $3,400 for filers. That’s a roughly 11 percent increase over the previous tax year, according to the Treasury Department, but not the projected $1,000 increase touted by administration officials.
When you receive your tax refund depends, of course, on when and how you filed your taxes.
The IRS says that those who file electronically typically receive their refunds in about 21 days. Filing a paper return could delay your refund an extra week or more. Any necessary amendments and corrections could also delay the process.
That means that even if you filed on tax day, April 15, you should have received your tax refund by now.
There are exceptions, however.
Among the most likely taxpayers to receive a refund this month are those who filed in May, either because they required an extension or the IRS extended their deadline due to “disaster situations.”
Disaster situations can be brought........
