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prima:Treasury Department approves more than $888.5 million in tax refunds

To date, the agency has received about 473,468 income tax returns, 85.7% of which involve refunds

February 27, 2025 - 5:51 PM

The Treasury Department has recorded an increase of 48,835 tax returns filed and almost $305.9 million more in approved refunds than during the last tax cycle. (Ramon "Tonito" Zayas)

Some 17 days into the tax cycle, the Treasury Department has approved over $888.5 million in refunds, which, in the opinion of the agency’s secretary, Ángel Pantoja Rodríguez, is “unprecedented.

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