IRS Data Shows Average Tax Refund Amount Up Nearly 2% From Last Year

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With the Oct. 15 deadline for extension filers now in the rear-view mirror, the IRS last week released updated 2025 tax season statistics, which show a slight uptick in total tax returns received and the average tax refund amount compared to mid-October 2024.

More than 102 million Americans have received their tax refunds from the IRS, with the average filers getting back about 1.6% more than they did last year.

Through Oct. 17—the latest date currently available—the IRS has issued 102,122,000 refunds, which is actually down -1% from the 103,185,000 that had been issued by Oct. 18 of last year.

In total, the agency has issued $311.6 billion worth of refunds, up 0.6% from the $309.9 billion issued in mid-October 2024.

The average refund amount through Oct. 17 was $3,052, 1.6% higher than the average refund of $3,004 at this time last year. The average direct deposit refund amount for the 2025 tax season was $3,151, up 1.9% from last year.

The IRS received 163,594,000 tax returns as of Oct. 17, up 1.3% from the 161,489,000 received as of Oct. 18, 2024.

Here are the latest tax filing season statistics from the IRS:

Data courtesy of the IRS.

Photo credit: cabania/iStock

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