{"id":41366,"date":"2026-02-20T20:24:08","date_gmt":"2026-02-20T20:24:08","guid":{"rendered":"https:\/\/financialrush.com\/?p=41366"},"modified":"2026-02-20T20:24:08","modified_gmt":"2026-02-20T20:24:08","slug":"average-irs-tax-refund-is-up-14-2-according-to-early-filing-data","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=41366","title":{"rendered":"Average IRS tax refund is up 14.2%, according to early filing data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-100678791\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Jose Luis Pelaez Inc. | Blend Images | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>The\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/average-tax-refund.html\">average tax refund<\/a>\u00a0is 14.2% higher so far this season, compared to about the same period in 2025, according to early IRS filing data.<\/p>\n<p>As of Feb. 13, the average refund amount for individual filers was $2,476, up from $2,169 about one year prior, the IRS <a href=\"https:\/\/www.irs.gov\/newsroom\/filing-season-statistics-for-week-ending-feb-13-2026\" target=\"_blank\">reported<\/a> on Friday. The data is cumulative from the <a href=\"https:\/\/www.cnbc.com\/2026\/01\/08\/irs-accepting-tax-returns.html\">Jan. 26 tax season opening<\/a>.<\/p>\n<p>The total amount refunded was about $32 billion, up 8.3% from 2025, according to the IRS release. However, the total filings received was down by 2.6%.  <\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 id=\"read-more-cnbc-personal-finance-coverage\" class=\"RelatedContent-header\">Read more CNBC personal finance coverage<\/h2>\n<div class=\"group\">\n<ul>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/average-irs-tax-refund.html\">Average IRS tax refund is up 14.2%, according to early filing data<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/student-loan-delinquency.html\">Student loan delinquency rate jumps to nearly 25% in Trump&#8217;s second term: analysis<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/supreme-court-trump-tariffs-ruling-your-money.html\">What Supreme Court ruling against Trump tariffs means for your money<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/subprime-borrowers-personal-loans.html\">Personal loans surge: It&#8217;s &#8216;the middle-class refinancing option,&#8217; expert says<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/trump-tax-refunds.html\">Trump: tax refunds are &#8216;substantially greater than ever before.&#8217; What to expect<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/19\/trump-colleges-low-student-loan-repayment-rates.html\">Trump officials warn hundreds of colleges with low student loan repayment rates<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/18\/as-ai-puts-the-squeeze-on-entry-level-jobs-teens-remain-optimistic.html\">As AI puts the squeeze on entry-level jobs, teens remain optimistic: report<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/17\/student-loan-forgiveness-eligibility-reaches-more-borrowers-.html\">Trump administration finds more borrowers eligible for student loan forgiveness<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/17\/used-car-affordability.html\">More used cars are for sale, but ones under $20,000 are &#8216;harder to find&#8217;: Expert<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/17\/no-tax-on-overtime-deduction.html\">How to claim Trump&#8217;s &#8216;no tax on overtime&#8217; deduction this season<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/16\/student-loan-parent-plus-forgiveness.html\">Parents with student debt face deadline to secure affordable repayment, forgiveness<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/15\/emergency-savings-401ks.html\">Secure 2.0 let employers pair emergency savings and 401(k)s, but few have done so<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/14\/home-sellers-start-getting-lower-prices-at-70-research-shows.html\">Home sellers start getting lower prices at 70, research shows \u2014 here&#8217;s why<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/average-tax-refund-early-irs-data.html\">Average IRS tax refund is up 10.9% so far this season, early filing data shows<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/social-security-cola-2027-early-estimates.html\">Early estimates point to lower Social Security COLA for 2027<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/social-security-fairness-act-lump-sum-payment-timeline.html\">Senators call for longer Social Security Fairness Act lump-sum payment timeline<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/heres-the-inflation-breakdown-for-january-2026-in-one-chart.html\">Here&#8217;s the inflation breakdown for January 2026 \u2014 in one chart<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2025\/10\/01\/best-financial-advisors.html\">CNBC&#8217;s Financial Advisor 100: Best financial advisors, top firms ranked<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>As the midterm elections get closer, the Trump administration and Congressional Republicans have been laser-focused on how Trump&#8217;s <a href=\"https:\/\/www.cnbc.com\/2025\/07\/03\/trump-big-beautiful-bill-tax-changes.html\">&#8220;big beautiful bill&#8221;<\/a> may impact the size of tax refunds this season.<\/p>\n<p>In a <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116087259160100035\" target=\"_blank\">Truth Social post<\/a> on Tuesday, Trump said tax refunds are &#8220;<a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/trump-tax-refunds.html\">substantially greater than ever before<\/a>.&#8221;\u00a0<\/p>\n<p>&#8220;In some cases, estimates are that over 20% will be returned to the Taxpayer,&#8221; he wrote. It&#8217;s unclear which estimates Trump was referencing. The White House did not respond to CNBC&#8217;s request for clarification.<\/p>\n<\/div>\n<div class=\"group\">\n<p>A few days earlier, on Feb. 13, Treasury Secretary and acting IRS Commissioner Scott Bessent told CNBC&#8217;s &#8220;<a href=\"https:\/\/www.cnbc.com\/squawk-box-us\/\">Squawk Box<\/a>&#8221; the <a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/average-tax-refund.html\">average tax refund was 22% higher<\/a> so far this season. It wasn&#8217;t clear how many days of returns Bessent&#8217;s figure included or what comparison period he used. But his figure was significantly higher than the <a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/average-tax-refund-early-irs-data.html\">average refund increase of 10.9%<\/a> the IRS announced later that day. <\/p>\n<p>The Treasury has not responded to CNBC&#8217;s requests for comment.<\/p>\n<\/div>\n<h2 id=\"why-average-tax-refunds-could-increase\" class=\"ArticleBody-subtitle\"><a id=\"headline0\"\/>Why average tax refunds could increase<\/h2>\n<div class=\"group\">\n<p>&#8220;So far, refunds are up, which is consistent with our and the Trump administration&#8217;s expectations heading into the filing season,&#8221; Andrew Lautz, director of tax policy for the Bipartisan Policy Center, a nonprofit think tank, told CNBC.<\/p>\n<p>But there&#8217;s still not enough filing data to support conclusions about filing season trends, he said.<\/p>\n<p>Typically, the average <a href=\"https:\/\/www.irs.gov\/newsroom\/filing-season-statistics-for-week-ending-feb-6-2026\" target=\"_blank\">refund size increases<\/a> starting around mid-February once payments include the\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/02\/03\/earned-income-tax-credit-eligibility-for-2024.html\">earned income tax credit<\/a>\u00a0or additional\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/02\/06\/trump-child-tax-credit.html\">child tax credit<\/a>, the IRS said in its <a href=\"https:\/\/www.irs.gov\/newsroom\/filing-season-statistics-for-week-ending-feb-6-2026\" target=\"_blank\">first filing season statistics release<\/a> on Feb. 13. <\/p>\n<p>Those numbers could be reflected in the agency&#8217;s filing data through Feb. 20, which the IRS will release on Feb. 27.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108265885\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108265885\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000403982\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/average-irs-tax-refund.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Jose Luis Pelaez Inc. | Blend Images | Getty Images The\u00a0average tax refund\u00a0is 14.2% higher so far this&hellip;\n","protected":false},"author":3,"featured_media":41367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-41366","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/41366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41366"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/41366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/41367"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}