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The IRS released a relatively small number of refunds today. On Monday, we expect the IRS to release again release a relatively small number of refunds.
As of today, looking at statistics of tax returns recently filed, here are estimates of the percentage of refunds not yet released by the IRS:
– for returns filed on 2/13 and prior, most refunds have been released by the IRS.
– for returns filed on 2/14 – 3/04, approximately 10% have not yet been released by the IRS.
– for returns filed on 3/05 – 3/19, approximately 15% have not yet been released by the IRS.
– for returns filed on 3/20 – 4/02, approximately 20% have not yet been released by the IRS.
– for returns filed on 4/03, approximately 30% have not yet been released by the IRS.
– for returns filed on 4/04 – 4/05, approximately 50% have not yet been released by the IRS.
– for returns filed on 4/06, approximately 60% have not yet been released by the IRS.
– for returns filed on 4/07 and beyond, the IRS has released very few refunds.
