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
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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