Americans’ Tax Refunds Are 14 Percent Smaller This Year, Latest IRS Data Show

Americans’ Tax Refunds Are 14 Percent Smaller This Year, Latest IRS Data Show
The Internal Revenue Service building in Washington, on Jan. 28, 2019. Saul Loeb/AFP via Getty Images
Tom Ozimek
Updated:
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The latest IRS update on tax filing data shows that Americans’ tax refunds so far this year are considerably smaller than they were last year, something that both tax experts and the agency itself predicted.

As of Feb. 10, the average refund amount stood at $1,997, the latest IRS data show. That’s 14 percent lower than the average refund amount a year ago, which stood at $2,323.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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