The IRS has issued more than 43 million refunds worth about $135.3 billion, as of March 8. Here’s the average payment.
The average refund was $3,145, up from $2,972 during the same week last year.However, the average refund could change as the IRS receives tens of millions more returns.The latest filing statistics show the IRS had only received less than half of the more than 146 million individual returnsHere's how interest rates have changed even as the Fed holds steadywith the"Where's My Refund?" online tool.
Typically, taxpayers file sooner when they're expecting a refund, said Mark Baran, managing director at financial firm CBIZ Marks Paneth. Indeed, knowing"they won't get a refund" is one of the top five reasons why Americans procrastinate on taxes, according to a, which bumps the federal filing deadline by six months, to Oct. 15 this year. This provides more time to file, but federal taxes owed are typically still due on April 15. Some taxpayers have anAs of Dec.
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