Where's your tax refund? How to track it, 2025 tax year updates, brackets, deductions check more details here
Where's your tax refund? How to track it, 2025 tax year updates, brackets, deductions check more details here...
Looking for your tax refund? You have to file a return first, and taxpayers have less than two months before the April 15 filing deadline.
Tax deductions and credits could boost your refund when you file your return. This includes student loan interest deductions and standard deductions that can be taken.
Check Also: IRS Refund Deposit Date Calculator 2025
Where is my refund? How to check your 2025 tax refund status
Taxes filed online should receive a refund roughly one month or less from the filing date, according to the IRS. The agency says that it usually takes up to 21 days to process an e-filed return, or longer for amended returns and returns sent by mail.
If you filed your return online, the IRS notes that you can typically check your refund status soon after you file using the Where's My Refund tool, which provides a personalized refund date. According to the IRS, you can start checking the status within 24 hours after you e-file a current-year return, 3–4 days after e-filing a prior-year return, and 4 weeks after filing a paper return.
The refund tracker displays three status types: Return received, refund approved, and refund sent.
What is a standard deduction on your taxes? Who is eligible for it?
A standard deduction refers to a specific dollar amount that decreases the amount of taxable income, according to the IRS. Unlike an itemized deduction that lists specific expenses, a standard deduction is a fixed amount, which most taxpayers now qualify for.
What are the new standard deductions for tax year 2024?
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Most taxpayers take the standard deduction, USA TODAY reports, which lets you subtract a set amount from your income based on your filing status. The standard deduction for 2024 is as follows:
- $14,600 for single filers or those married but filing separately
- $29,200 for married couples filing jointly or a qualifying surviving spouse
- $21,900 for heads of households
What are the tax brackets for tax year 2024?
Federal income tax brackets define the percentage of your income paid in the form of taxes. According to the IRS, the more money you earn, "the tax rate on the next layer of income is higher."
If your income moves you into a higher tax bracket, this doesn't mean that the corresponding tax rate is applied to your entire income. The IRS notes that you'll pay the higher rate only on the portion that's in the new tax bracket, meaning that only money that lands in that bracket is taxed at that rate.
What are the IRS tax rates for tax year 2024? See rates for individual, joint filers.
What is the IRS 2025 tax filing deadline? How to request an extension
The deadline to file a federal return with the IRS is April 15, 2025.
You can request an extension by the April tax filing due date if you need more time, and this gives you until October 15 to file without any penalties.
Check Also: IRS Refund Deposit Date Calculator 2025
What is Ohio's tax filing deadline?
For state taxes, the deadline in Ohio is also April 15, with an extension filing deadline of October 15, 2025.
How soon can I file taxes in 2025?
You can start filing now. The 2025 tax filing season started Jan. 27, and the IRS is accepting tax returns up until the deadline on April 15.
Where to find a tax refund estimator
Tax services such as TurboTax, H&R Block, NerdWallet and AARP offer federal tax refund estimators.
Check Also: When are taxes due in 2025? What is the Ohio deadline? Read Important details here
