economy

February 27, 2026

Average IRS Tax Refund Up 10.2% Based on Early Filing Data

The average IRS tax refund is up 10.2%, based on early filing data. Here's what filers need to know.

Average IRS Tax Refund Up 10.2% Based on Early Filing Data

TL;DR

  • The average tax refund is up 10.2% so far this filing season compared to the same period in 2025.
  • As of February 20th, the average refund amount was $3,804, an increase from $3,453 the previous year.
  • The total amount refunded is up 6.9%, but the total returns processed are down 2.4%.
  • The IRS can't send refunds with the earned income tax credit or additional child tax credit until February 15th, so early data is incomplete.
  • The Trump administration has highlighted potential increases in refunds due to tax cuts.

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