economy

February 14, 2026

Average IRS tax refund is up 10.9% so far this season, early filing data shows

The average IRS tax refund is up 10.9% so far this season, according to early filing data. Here's what taxpayers can expect.

Average IRS tax refund is up 10.9% so far this season, early filing data shows

TL;DR

  • The average tax refund is 10.9% higher so far this tax season compared to the same period in the prior year.
  • As of February 6, the average refund was $2,290, up from $2,065 last year.
  • Total refunds issued are up 1.9% compared to last year.
  • Treasury Secretary Scott Bessent previously stated refunds were up 22%, but the comparison period was unclear.
  • Experts caution that early filing data can be misleading, as refunds tend to increase significantly in mid-February.
  • Larger refunds, including those with earned income tax credit or additional child tax credit, will be reflected in later IRS releases.
  • The size of an individual's refund depends on personal tax breaks and payments made throughout the year.

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