IRS Issues $124.130 Billion in Direct Deposit Refunds: Check the Average Payment Amounts
The Internal Revenue Service (IRS) has distributed over $124.130 billion in refunds during the 2025 Tax Season, marking an 8.2% increase compared to the previous year. This boost indicates that millions of American taxpayers are receiving larger refunds from the IRS. In addition to the higher total refund amount, the number of direct deposit refunds … Read more