economy

February 17, 2026

Average tax refund is nearly 11% higher so far this year, IRS data shows

Updated on: February 16, 2026 / 2:19 PM EST / CBS News

Average tax refund is nearly 11% higher so far this year, IRS data shows

TL;DR

  • Average tax refunds are up nearly 11% as of Feb. 6, 2026, reaching $2,290.
  • New tax provisions are predicted to increase average refund amounts.
  • Higher-income households are expected to see the most significant refund increases.
  • The IRS has received nearly 22.4 million returns so far, slightly down from last year.
  • Refunds are anticipated to grow as more complex returns from wealthier households are processed and as refundable tax credits are accounted for.

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