The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last Friday, Feb. 7. This year's numbers show that the agency has already processed more than 11 million returns and issued more than 3.2 million tax refunds.

Tax filing season is here. The Internal Revenue Service is now accepting and processing federal tax returns. Taxpayers have until Tax Day, April 15, to submit returns for tax year 2024. The IRS expects over 140 million individual tax returns to be filed ahead of the federal deadline.

The 2025 tax season in the United States kicked off on January 27, offering taxpayers not only the chance to file their returns but also to claim valuable refundable tax credits. Understanding the process and knowing how to track your refund can save you time and ensure you receive what you're owed.

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928, which covers the first four days of the filing season. The agency sends most refunds in less than 21 days.

The Earned Income Tax Credit (EITC) is a significant opportunity for eligible taxpayers to receive up to $7,830, providing much-needed financial relief amid rising living costs.

Tax season is back, and while some taxpayers may be looking forward to their refunds, others may be dreading the process of gathering their tax documents and meeting the deadlines set by the Internal Revenue Service (IRS).