Average Wait Time For Tax Refund 2024. The irs estimates that the average taxpayer will receive their refund within 21 days if they file electronically and have the money deposited directly into their bank. Last year, the average tax refund was $3,167, or almost 3% less than the prior year, according to irs statistics.

The irs estimates that the average taxpayer will receive their refund within 21 days if they file electronically and have the money deposited directly into their bank. Here’s what you need to know about your refund, including when to expect it, what might hold it up and more.