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By Andrew Stanton and Gabe Whisnant
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The IRS has already issued tens of millions of tax refunds this filing season, pumping billions of dollars back into the U.S. economy.
Through February 28, the agency received more than 51 million individual federal tax returns and sent out about 37 million refunds totaling roughly $137 billion, according to figures shared by IRS chief Frank J. Bisignano with the U.S. House Ways and Means Committee.
"The tax benefit to individuals provided under the Working Families Tax Cuts is estimated to be $220 billion. The average American family is already seeing greater benefits than ever before," Bisignano told the committee.
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Why It Matters
Trump administration officials have said the One Big Beautiful Bill Act (OBBBA) signed into law in July would lead to Americans receiving higher tax refunds in the new year. The potentially high refund would provide Americans extra income early next year, as many remain concerned about the state of the economy and cost of living. Bisignano said on Fox Business’ Mornings With Maria in December that Americans would receive the "biggest refunds that we've ever seen" in 2026.
Why Some Tax Refunds Are Delayed in 2026
There are many reasons individuals may wait longer to receive their tax refunds.
Those who claim the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) are subject to additional timing rules. By law, the IRS cannot issue refunds to taxpayers who claim these credits before mid-February. The restriction applies to the entire refund amount, not just the portion linked to the credit.
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Anyone who claimed those tax credits could receive their refund by March 2 if they file online, choose to get their refund by direct deposit and had no issues with their return.
"However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date. Where's My Refund should show an updated status by February 21 for most early EITC/ACTC filers," the IRS website reads.
Other reasons for delays include a common mistake, filing an amended return or requesting injured spouse relief.
How Long Does It Take to Receive Tax Refund?
The IRS says the typical time it takes to receive a refund depends on how an individual filed their taxes. Those who filed online may receive them three weeks from the date they filed, but those who filed via the mail may receive their refunds six or more weeks from when they received their return.
How to Check on Your Tax Refund Status
Filers can monitor their tax refund status through the agency's Refund Status Tracker, which requires a Social Security number, tax year, filing status and the refund amount.
How to Contact the IRS
Individuals with questions about their tax refund status can contact the IRS at 800-829-1040. The IRS will require identity verification including a Social Security number, an Individual Taxpayer Identification Number, Filing Status, a prior-year tax return, the tax return they are calling about and any correspondence with the agency.
What Is the Average Tax Refund Amount in 2026?
As of February 20, the average direct deposit refund amount was $3,809, according to the IRS. That is up from $3,505, agency data shows.
When Is Last Day to File Taxes?
April 15 is the last day to file taxes in 2026.
"If you can't file by the due date of your return, you can request an automatic 6-month extension of time to file," the IRS website reads.
Update 3/4/26, 11:45 a.m. ET: This article was updated with additional information.
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