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As is the case every year, the IRS will continue to pay some refunds throughout the year – even through December.
As of today, looking at the statics of tax returns recently filed, below are estimated of the percentage of refunds not yet released by the IRS:
– for returns filed 05/20 and prior, most refunds have been released by the IRS.
– for returns filed 05/21 – 07/10, approximately 10% have not yet been released by the IRS.
– for returns filed 07/11 – 07/11, approximately 15% have not yet been released by the IRS.
– for returns filed 07/12 – 07/13, approximately 20% have not yet been released by the IRS.
– for returns filed 07/14 – 07/22, approximately 30% have not yet been released by the IRS.
– for returns filed 07/23 – 07/28, approximately 35% have not yet been released by the IRS.
– for returns filed 07/29 – 08/07, approximately 45% have not yet been released by the IRS.
– for returns filed 08/08 and beyond, the IRS has released very few refunds.
Aug 15, 2012 – IRS Funding Information
