The IRS updates refund data overnight, and only once per 24-hour period, so the agency said taxpayers don't need to check more frequently than on a daily basis. For people who file electronically, the "Where's My Refund" tool should show your status within 24 hours of filing. If you ...
Where people owe the most Although most Americans receive a refund, a significant share of taxpayers end up owing the IRS — about 21% of taxpayers end up sending the tax agency a payment. The average amount owed is $5,893, Lending Tree said. As with refunds, the biggest payments by ...