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For the summer months, we will be updating the IRS Refund Information weekly. As of today, looking at statistics of tax returns recently filed, below are estimates of the percentage of refunds not yet released by the IRS. Typically, the IRS is slower to pay refunds that are filed after the April filing deadline. As a result, it is not unusual for the IRS to continue to delay some refunds, even this time of year. However, the number of delayed refunds for this time of year is similar to or less than what we have seen in past years. As is the case every year, the IRS will continue to pay some refunds throughout the year – even through December.
– for returns filed on 3/11 and prior, most refunds have been released by the IRS.
– for returns filed on 3/12 – 3/18, approximately 10% have not yet been released by the IRS.
– for returns filed on 3/19 – 4/11, approximately 15% have not yet been released by the IRS.
– for returns filed on 4/12 – 4/16, approximately 20% have not yet been released by the IRS.
– for returns filed on 4/17 – 4/29, approximately 30% have not yet been released by the IRS.
– for returns filed on 4/30 – 5/01, approximately 40% have not yet been released by the IRS.
– for returns filed on 5/02 – 5/03, approximately 60% have not yet been released by the IRS.
– for returns filed on 5/04 and beyond, the IRS has released very few refunds.
