WASHINGTON (AP) — On this Tax Day, refunds are looking a bit bigger for taxpayers.
According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year. Two out of three taxpayers expect to receive a refund.
The IRS is promoting the customer service improvements the agency rolled out since receiving tens of billions in new funding dollars through Democrats’ Inflation Reduction Act. Getting refunds out faster — to some people in just over a week — is part of the promotion.
So far, the IRS has delivered more than $200 billion in refunds through early April, and the latest
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