(AURN News) — With Tax Day behind us, many Americans are already looking forward to and planning what they are going to do with their refunds. A new report from Upgraded Points is diving deep into just how much people are expected to receive.
Their analysis shows that the average tax refund has increased since 2009 according to their recent analysis of IRS data. In 2009, the average was $2,859. In 2020, it was $2,549. In 2026, it is $3,571.
Those who make less than $50,000 typically receive an average refund of $2,766, while those who are middle income receive $3,211 on average and those making between $100,000 and $200,000 typically see about $4,820.
For those making more than $200,000, the average refund rises to $17,688. However, the analysis notes that only 35% of those returns receive a refund.
Click play to listen to the AURN News report from Jamie Jackson:
