economy
March 6, 2026
Average IRS Tax Refund Is Up 10.6%, Early Filing Data Shows
The average IRS tax refund is up 10.6%, based on early filing data. Here's what you can expect.
TL;DR
- Average tax refund is 10.6% higher this season compared to the same period in 2025.
- As of February 27, the average refund was $3,742, up from $3,382 last year.
- New tax breaks like deductions for tip income, overtime, seniors, and auto loan interest are contributing factors.
- The child tax credit has also seen more generous changes for 2025.
- Refund amounts can vary based on paycheck withholdings and other payments made throughout the year.
- Some experts note the difference from changes is in the hundreds of dollars, not thousands.
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