Federal tax refunds down $6 billion compared with this time last year
Average refund so far this year is $2,873
ROANOKE, Va. – If your federal tax refund was less than last year, you certainly are not alone.
The average refund so far this year is $2,873, down 0.7% from this time last year.
In total, about $6.17 billion in refunds have been given. Part of that is due to the fact that about 1.5 million fewer returns have been processed so far this year.
The IRS has a full breakdown of 2019 filing season statistics on its website.
Copyright 2019 by WSLS 10 - All rights reserved.