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Tax Refunds Surge, Digital Filing Tops

Tax Refunds Surge, Digital Filing Tops

Birmingham News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 17, 20261m 49s

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Show Notes

Tax refunds soar, with an average of $3,676 issued this season, a nearly 11% increase from last year. The IRS has processed 59.9 million returns, with 59.8 million e-returns, and 31.4 million filed by taxpayers themselves. Direct deposits are preferred, with 44.2 million issued, totaling $162.3 billion, a 13% rise. As tax season progresses, more people are getting money back faster and choosing digital options.

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