The IRS began processing tax returns on Jan. 27 and says the number of returns are down compared to this time last year, but average refund amounts are up.

The IRS has announced a significant tax refund of up to $1,700, set to be distributed on February 20, 2025. However, this financial benefit is reserved for a specific group of individuals. Discover who qualifies for this refund and how to ensure you receive it.

A tax refund is a reimbursement to taxpayers who have overpaid their income taxes, and so the government sends the money back. If taxpayers receive a large refund, they may well b