3% fewer Americans claimed tax refunds in the first month of tax filing this season, with 44.5 million returns filed compared to 46 million last year; average refund increased to $3,213.
Fewer Americans are claiming tax refunds during the first month of tax filing this season, with a 3% decrease in returns filed compared to last year, according to Internal Revenue Service data. Through February 23, 44.5 million tax returns were filed, down from 46 million in the same period last year. The average tax refund has increased to $3,213, up from $3,079 in 2022.
March 07, 2024
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