Tap "Show account number" to view your Venmo account details. When filing your taxes, enter your Venmo routing and account number. After the IRS processes your return, your refund will be sent directly to your Venmo account, up to five days earlier than with traditional bank services.

Tax refunds have become a financial lifeline for many Americans, and according to a new report, half of millennials depend on their refunds to make ends meet. A recent Credit Karma survey found that 37 percent of taxpayers rely on their refund to get by,

Though many filers count on that annual windfall, they’d be much better served if they simply worked to break even.

Roughly 105 million Americans received tax refunds in 2024, with the average tax refund amount at $3,138, according to IRS data. Looking ahead to the current tax season, will 2025 be a more