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Average Tax Refund up Nearly 11 Percent so Far This Filing Season

The average refund increased 10.9% to $2,290 as fewer returns were filed and processed, with total refunds rising 1.9% despite an 8.1% drop in refunds issued, IRS data shows.

  • Data show the IRS reported as of Feb. 6, average refunds increased 10.9% to $2,290, despite a slower filing pace.
  • The totals show nearly $16.7 billion was refunded, rising 1.9% to almost $17 billion, while over 7.4 million refunds were issued as of Feb. 6, and nearly 22.4 million returns received, down from last year.
  • Average direct deposit data show the average direct deposit refund is $2,388, up 10.3% from $2,165 last year, and taxpayers preparing to file are advised to set up direct deposit to receive refunds sooner.
  • IRS guidance shows e-filed returns process within 21 days, mailed returns take six weeks or more, amended returns up to 16 weeks, and taxpayers can check status within 24 hours using the `Where's my refund?` tool.
  • Treasury Secretary Scott Bessent said taxpayers will receive large refunds this filing season and expects `VERY LARGE` tax refunds early next year.
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21 Articles

Fox 10 PhoenixFox 10 Phoenix
+12 Reposted by 12 other sources
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Americans see bigger tax refunds so far this year as filing season begins at a slower pace

The average tax refund has jumped to $2,290, despite fewer people filing returns in the early weeks of tax season.

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Fast Company broke the news in on Monday, February 16, 2026.
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