Taxpayers in the United States are receiving larger refunds this filing season, according to the latest figures released by the Internal Revenue Service (IRS). New data shows the average refund has increased by more than 10 percent compared with the same point last year, reflecting a combination of recent tax changes and the timing of certain credits being paid out. As of late February, the average refund reached $3,742—up from $3,382 during the equivalent period in 2025, an increase of 10.6