{"id":42107,"date":"2026-03-13T19:21:57","date_gmt":"2026-03-13T19:21:57","guid":{"rendered":"https:\/\/financialrush.com\/?p=42107"},"modified":"2026-03-13T19:21:57","modified_gmt":"2026-03-13T19:21:57","slug":"average-irs-tax-refund-is-up-10-6-filing-data-shows","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=42107","title":{"rendered":"Average IRS tax refund is up 10.6%, filing data shows"},"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-108277935\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Miniseries | E+ | 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\/20\/trump-tax-refunds.html\">average tax refund<\/a>\u00a0is 10.6% higher so far this season, compared to about the same period in 2025, according to the latest IRS filing data.<\/p>\n<p>As of Mar. 6, the\u00a0average refund amount\u00a0for individual filers was $3,676, up from $3,324 about one year ago, the <a href=\"https:\/\/www.irs.gov\/newsroom\/filing-season-statistics-for-week-ending-march-6-2026\" target=\"_blank\">IRS reported on Friday<\/a>. The average is down from the $3,742 <a href=\"https:\/\/www.cnbc.com\/2026\/03\/06\/average-irs-tax-refund.html\">reported last week<\/a>. <\/p>\n<p>The latest filing data reflects roughly 60.7 million individual returns received, out of about 164 million expected through the April 15 deadline.  <\/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\/03\/13\/average-irs-tax-refund.html\">Average IRS tax refund is up 10.6%, filing data shows<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/03\/13\/tax-refund-delays.html\">IRS paper check changes trigger tax refund delays for more than 830,000 filers<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/03\/13\/tariff-dividend-checks-a-new-bill-could-create-a-tax-rebate-program.html\">Did tariff dividend checks just become more likely? 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After that February spike, the average generally drops gradually through Tax Day. <\/p>\n<p>Republicans have highlighted the size of tax refunds as the <a href=\"https:\/\/www.cnbc.com\/2026\/03\/03\/2026-midterm-elections-five-races-to-watch.html\">midterm elections<\/a>\u00a0approach, as both parties pitch talking points on <a href=\"https:\/\/www.cnbc.com\/2025\/12\/24\/affordability-is-a-buzzword-right-now-these-charts-show-why.html\">affordability<\/a> to potential voters. <\/p>\n<p>In a\u00a0<a href=\"https:\/\/www.whitehouse.gov\/articles\/2026\/01\/president-trump-delivers-largest-tax-refund-season-in-u-s-history\/\" target=\"_blank\">late January release<\/a>, the White House said average tax refunds could jump &#8220;by $1,000 or more,&#8221; citing several media reports that reference early October research from investment bank Piper Sandler.\u00a0<\/p>\n<\/div>\n<h2 id=\"why-tax-refunds-are-higher-this-season\" class=\"ArticleBody-subtitle\"><a id=\"headline0\"\/>Why tax refunds are higher this season <\/h2>\n<div class=\"group\">\n<p>This season, many filers are seeing bigger tax refunds based on changes enacted in President\u00a0<a href=\"https:\/\/www.cnbc.com\/donald-trump\/\">Donald Trump<\/a>&#8216;s &#8220;<a href=\"https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions\" target=\"_blank\">big beautiful bill<\/a>.&#8221;<\/p>\n<p>The IRS did not\u00a0<a href=\"https:\/\/www.irs.gov\/newsroom\/irs-announces-no-changes-to-individual-information-returns-or-withholding-tables-for-2025-under-the-one-big-beautiful-bill-act\" target=\"_blank\">adjust paycheck withholdings<\/a> after the July 2025 changes, which means many workers <a href=\"https:\/\/www.cnbc.com\/2025\/02\/14\/withhold-taxes-paycheck.html\">overpaid taxes<\/a> through the rest of the year.<\/p>\n<p>But there could be &#8220;a lot of variation between taxpayers,&#8221; depending on 2025 withholdings and which new tax breaks apply to their situation, Garrett Watson, director of policy analysis at the Tax Foundation, <a href=\"https:\/\/www.cnbc.com\/2026\/01\/30\/tax-refunds.html\">previously told CNBC<\/a>. <\/p>\n<\/div>\n<div class=\"group\">\n<p>As of Mar. 8, more than 27.5 million returns, which is <a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sb0414\" target=\"_blank\">nearly 45% of filings<\/a>, claimed at least one of Trump&#8217;s new tax breaks on <a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/f1040s1a.pdf\" target=\"_blank\">Schedule 1-A<\/a>, the U.S. Department of the Treasury said in a news release this week.<\/p>\n<p>Schedule 1-A, which feeds into <a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/f1040.pdf\" target=\"_blank\">tax returns<\/a>, is a new form that includes Trump&#8217;s deductions for <a href=\"https:\/\/www.cnbc.com\/2026\/03\/06\/trump-no-tax-on-overtime.html\">overtime pay<\/a>, <a href=\"https:\/\/www.cnbc.com\/2025\/12\/23\/no-tax-on-tips-who-benefits.html\">tip income<\/a>, <a href=\"https:\/\/www.cnbc.com\/2025\/12\/23\/no-tax-on-tips-who-benefits.html\">seniors<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/interest-on-new-car-loans-tax-deductible.html\">auto loan interest<\/a>. <\/p>\n<p>Meanwhile, the higher limit for the <a href=\"https:\/\/www.cnbc.com\/2026\/02\/03\/trump-salt-deduction-taxes.html\">state and local tax deduction<\/a>, or SALT, is only available to filers who itemize tax breaks rather than claiming the standard deduction. <\/p>\n<p>During tax year 2022, nearly\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/p4801.pdf\" target=\"_blank\">90% of returns<\/a>\u00a0used the standard deduction, based on the latest IRS data. The same year, about 15 million returns claimed the SALT deduction, which is fewer than 10% of filings.<\/p>\n<p>Those percentages are expected to rise for 2025, which could result in significantly bigger refunds for those who qualify, experts say.<\/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 class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/03\/13\/average-irs-tax-refund.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Miniseries | E+ | Getty Images The\u00a0average tax refund\u00a0is 10.6% higher so far this season, compared to about&hellip;\n","protected":false},"author":3,"featured_media":42108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-42107","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"cs-entry","9":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/42107","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=42107"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/42107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/42108"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}