Average tax refunds are $658 higher than last year – how does yours compare to the rest of America?

AVERAGE tax refunds this year are $658 higher than last year with a month remaining for Americans to file their returns. The IRS has issued almost 38million tax refunds worth more than $129billion ahead of the April 18 deadline, according to its website. 2 The average tax return was $658 higher than last year as of late February Credit: AP The average refund as of February 25 was $3,473, compared to $2,815 during the 2021 filing period. The extra $658 could be a welcome addition for families as the IRS works through the 54million returns already filed as of March… Read Full Article