Average Tax Refunds Down Double-Digits

“Average tax refund amounts are down double-digits compared to last year, according to the latest batch of weekly IRS data about the 2019 tax-filing season released late Friday,” The Hill reports.

“The average refund through Feb. 15 was $2,640, which is 16.7 percent smaller than the average refund through Feb. 16, 2018, according to the IRS data.”