CFR - Code of Federal Regulations Title 21. The information on this page is current as of April 1 2017. For the most up-to-date version of CFR Title 21, go to the Electronic Code of Federal Regulations (eCFR).
To date, the IRS has issued nearly 40 million refunds worth $120 billion, with the average refund worth $2,800. This is slightly more than than last yearâs average refund at the same time.More than 96 percent of refunds have been paid through direct deposit directly into taxpayer accounts.The tax agency still estimates that 9 out of 10 refunds will go out within 21 days from when a return is filed.his is slightly more than than last yearâs average refund at the same time. More than 96 percent of refunds have been paid through direct deposit directly into taxpayer accounts. The tax agency still estimates that 9 out of 10 refunds will go out within 21 days from when a return is filed.
1 Return Received Notice within 24 â 48 hours after e-file â The IRS Whereâs My Refund tool will show âReturn Receivedâ status once they begin processing your tax return. 2  You will not see a refund date until the IRS finishes processing your tax return and approves your tax refund. Return Received Notice within 24 â 48 hours after e-file â The IRS Whereâs My Refund tool will show âReturn Receivedâ status once they begin processing your tax return. 2  You will not see a refund date until the IRS finishes processing your tax return and approves your tax refund.