If you filed your federal taxes from mid-April through late May and paid more than you owed, the IRS might be heading your way with a refund, and the average will be approximately $2,945. That might mean a direct deposit or mailed check of almost $3,000 as early as this week.
You’re being called upon to stop by your bank and your mailbox regularly this June. Millions of refunds are already being processed as part of the typical tax season closeout.
Read now: Are medical bills tax deductible and what is the condition to make it on IRS Tax Return?
When will you get your refund?
The IRS has already released an updated payment schedule for June. Your refund date is determined by the way and time you filed.
If you filed May 1 through May 15:
- Online with direct deposit: May 22nd to June 4th
- Online with a check by mail: May 29th to June 11th
- Paper return: June 26th to July 10th
If you filed between May 16th and May 31st:
- Online with direct deposit: June 6th to June 19th
- Online with a check by mail: June 13th to June 26th
- Paper return: July 11th to July 25th
How to monitor your refund status
If you have no idea when your refund will arrive, you can use the IRS “Where’s My Refund?” tool on [irs.gov](https://www.irs.gov/refunds). You’ll need:
- Your Social Security or Taxpayer ID Number
- Your filing status
- The exact amount of your anticipated refund
This tool will tell you when your return has been received, approved, and sent.
Why your refund may be held up
Even if you are eligible, refunds may take longer due to:
- Filing a paper return rather than e-filing
- Requesting a mailed check rather than direct deposit
- Bank or personal data mistakes
- Incomplete forms or papers
- Benefits that must be processed manually
For getting money faster, the IRS recommends e-filing, direct deposit, and double-checking your information before filing.
What if you live in a disaster-stricken state?
Some states have deferred tax deadlines due to federally declared disasters. If you live in one of them — all North Carolina counties or Los Angeles County, California — your deadline may be pushed back into September or October.
Bottom line
If you overpaid taxes and filed recently, you might be getting back your money soon, perhaps almost $3,000. Make sure to check your return, confirm your details, and watch your bank account as well as your mailbox over the coming weeks.