Federal tax refunds down $6 billion compared with this time last year

Average refund so far this year is $2,873

Pexels photo
Pexels photo

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.





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