IRS data show more than 37 million tax refunds totaling about $137 billion have been issued so far this filing season.
The White House says average tax refunds are up this year, with millions claiming new Trump tax cuts, according to Treasury data.
An individual tax return is a government form that reports all income for the previous year and any taxes due on it.
The average IRS tax refund is up 10.2%, based on early filing data. Here's what filers need to know.
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Average tax refund up 10.6% this year, IRS data shows
Key Points ・The average tax refund is $3,742 as of Feb. 27 - up 10.6% from $3,382 at the same point in 2025, according to the IRS. ・New deductions from President Trump’s tax legislation (covering tips ...
The average 2026 tax refund is up $351 to $3,804, but falls short so far of the White House's $1,000 projection.
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