IRS Paying Out Average $2,831 Tax Refund


Published 04/03 2014 03:56PM

Updated 04/03 2014 04:00PM

The IRS is churning out slightly bigger refunds this year.

The agency has already paid out 73 million million dollars in tax refunds so far, averaging $2,831 apiece.

That average is based on IRS statistics from Jan. 31 through March 28.

That's a 1.5-percent increase from the same period last year.

The IRS has received nearly 91 million returns so far.

91-percent of them were filed electronically.

And the vast majority of refunds have been received by direct deposit.

Taxpayers have until Tuesday, April 15, to file their taxes this year.

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