The average refund for tax year 2019 — the latest available data that includes all returns — was $3,651, just slightly below the average refund of $3,660 in tax year 2018.
Some Americans look forward to getting a big tax refund after overpaying throughout the year. With rising gas prices and inflation, a tax refund could be a good opportunity to get a much-needed financial pick-me-up.
– Percentage of taxpayers getting a refund: 76% – Average refund: $2,752 – Percentage of taxpayers who owe taxes: 20% – Average owed: $4,735
– Percentage of taxpayers getting a refund: 71% – Average refund: $2,896 – Percentage of taxpayers who owe taxes: 25% – Average owed: $5,189
– Percentage of taxpayers getting a refund: 75% – Average refund: $2,924 – Percentage of taxpayers who owe taxes: 20% – Average owed: $5,196
– Percentage of taxpayers getting a refund: 75% – Average refund: $2,924 – Percentage of taxpayers who owe taxes: 20% – Average owed: $5,196