Tax season data for weeks ending March 1, 2024, and February 28, 2025. Kelly Phillips Erb. The number of tax refunds—and the amount of those refunds—often edge up as the season progresses.

As tax season opened on Jan. 27, the IRS received millions of returns, with many filers eager for a refund. Nearly 40% of taxpayers will rely on refunds this year to make ends meet, according to a ...