Tax refunds

With tax season underway, here are the filing statistics, updated weekly.

The median unclaimed tax refund from 2021 is $781, but it has to be claimed by April 15.

Elon Musk responded to a post suggesting a "DOGE Dividend" with a $5,000 check sent to taxpaying households, saying he would "check with the president."

Sens. Bill Cassidy and Mark Warner introduced legislation supported by the AICPA that would create a dashboard to inform taxpayers of backlogs and wait times for refunds.

The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some waiting nearly two years.

Due to a software glitch, some TurboTax customers were inappropriately encouraged to take deduction choices resulting in higher taxes.

Taxpayers and clients have scads of wrong ideas about taxes — and they have even more wacky notions about tax refunds.

Fewer U.S. taxpayers have received a refund this year in the run-up to tax day compared to 2023, signaling some consumer spending may be disrupted.

Time is running out for nearly 940,000 individuals to claim refunds from 2020, with a May 17 deadline approaching for filing the necessary tax returns.

The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.