And it has issued refunds averaging $3,539 to nearly 7.6 million filers through January 30.
Refunds tend to be bigger early in the tax season, since those expecting a lot of money back are most likely to file first.
Over the course of the next few months, nearly 8 out of 10 filers will get a refund.
Normally, the IRS cuts its refund checks pretty quickly. But this year, because of budget cuts, IRS Commissioner John Koskinen has warned that there could be a delay in issuing some of them.
Related: Obamacare taxpayers ask, 'Where's my refund?'
The agency said 9 out of 10 refunds will go out within 21 days from when a return is filed. But refunds for paper returns -- which normally take four to six weeks -- could take at least 7 weeks this year.
The vast majority of the returns filed so far this year (13.3 million) were filed electronically.
Overall, the IRS receives about 150 million returns a year.
CNNMoney (New York) February 6, 2015: 3:43 PM ET
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