The deadline for filing the 2024 tax returns was set by the Internal Revenue Service (IRS) at April 15. Nonetheless, it’s possible that some taxpayers were given more time to pay, file, or both.
Generally speaking, the Agency has 21 days to issue tax refunds to qualified taxpayers. Payments can occasionally arrive sooner than that. In fact, it may take up to eight days.
In any case, it is advisable to assume that you will receive it in 21 days. In certain situations, it might even take longer if the IRS has to check or make any corrections to your tax return.
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Compared to taxpayers who filed by mail and claimed a paper check, those who filed electronically and filed an accurate tax return can anticipate receiving their money sooner.
Schedule of IRS payments for May 22–31
Your tax refund could arrive in your bank account in 21 days if you filed electronically, asked for a direct deposit, and your 2024 tax return is flawless—that is, free of errors or inaccuracies.
| Filing Date | Estimated Direct Deposit Refund Date |
| May 1 | May 22 |
| May 2 | May 23 |
| May 3 | May 24 |
| May 4 | May 25 |
| May 5 | May 26 |
| May 6 | May 27 |
| May 7 | May 28 |
| May 8 | May 29 |
| May 9 | May 30 |
| May 10 | May 31 |
Keep in mind that processing times may vary between banks and financial institutions. When you see the sent date on your tax refund status, don’t worry if it is not on time; some of them can take up to five days.
The IRS disclosed average amounts
The average direct deposit refund amount increased from $2,960 on May 10, 2024 to $3,034 on May 9, 2025. Taxpayers can see the average increase in direct deposits thanks to the 2025 Filing Season Statistics regarding individual income tax returns.
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Overall, $263.726 billion has been refunded by the IRS, a 2.8% increase over May 10, 2024. Additionally, there has been a slight increase of 0.3% in the number of direct deposits.
Lastly, compared to May 10, 2025, the average refund amount is also roughly 2.4% higher. So far, taxpayers have received an average of $2,939 in refunds. Reduce interest and penalties, and file if you haven’t already.
