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February 16, 2015 – This Week’s Large Batch of Refunds
Normally, the IRS releases a large batch of refunds one day each week, and smaller batches of refunds on the other days of the week.
This week, due to the federal holiday occurring on Monday February 16, the IRS is releasing its large batch of refunds one day later than usual. As a result, we expect this week’s large batch of checks to be released Wednesday February 18.
The IRS releases refunds each weekday throughout the year. We provide the percentage of refunds that have not yet been funded by the IRS. We update these funding statistics at approximately 2:00pm eastern each weekday throughout the year.
As of today, the estimated percentage of refunds not yet released by the IRS are:
– for returns filed 01/12 – 01/13, approximately 15% have not yet been released by the IRS.
– for returns filed 01/14 – 02/03, approximately 20% have not yet been released by the IRS.
– for returns filed 02/04 – 02/04, approximately 45% have not yet been released by the IRS.
– for returns filed 02/05 – 02/08, approximately 50% have not yet been released by the IRS.
– for returns filed 02/09 and beyond, the IRS has released very few refunds.
