This past Wednesday was April 15 — the notorious day on which most federal income tax returns are due.
But as millions of Americans received tax refunds, some received bigger payouts than others, according to areportfrom travel and personal finance company Upgraded Points.
The report noted that federal tax refunds have usually ranged between $2,800 and $3,000 over the past 15 years, setting a record by surpassing $3,200 during the 2022 filing season.
But 2026 may have broken that benchmark, since the average refund is expected to be nearly $3,600 following the passage of President Donald Trump’s “Big Beautiful Bill” last summer.
Florida taxpayers are expected to see the largest refunds in the country, with the typical amount surpassing $4,400.
There were 11.1 million federal returns filed in Florida, and 7.5 million are projected to receive a refund.
Texas, which had the second-highest filing volume as more than 13.6 million returns were submitted, was next with a $4,300 average refund.
Residents of Wyoming, Nevada, and Louisiana were also likely to receive higher refunds than the national average — ranging between $4,200 and $4,100.
While many taxpayers look forward to a refund, Upgraded Points noted that a large check is not “necessarily a financial win.”
“A sizable refund often means that too much was withheld from paychecks throughout the year — essentially providing the federal government with an interest-free loan,” the company noted.
Source: VidNews » Feed
