Taxpayers’ average refund cut by 2.7%.
By Beth Bellor
As most Americans’ tax filing deadline came and went, the number of refunds was up but the average amount was down.
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The IRS had received137.2 million individual income tax returns as of the week ending April 19, the latest data available. It had processed 130.8 million returns; both figures were up by 0.2 percent from the same period in 2018.
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