Here’s the Average Tax Refund in 2024 (So Far)

by TexasDigitalMagazine.com

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Anastasia_Vishn / Shutterstock.com

The total amount of money flowing into American wallets from federal tax refunds is down sharply compared to February 2023, according to the latest figures from the IRS. However, the average refund amount is higher. So far in 2024, federal tax refunds amount to about $67 billion, a 23% decrease from the $87 billion refunded at the same point last year. The size of the average refund has…

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