
According to IRS data, the average tax refund was $3,151 for the 2025 tax filing season. A recent Piper Sandler analysis, shared by CBS News, projected that the average tax refund would increase by about $1,000 per person. This means that the average refund could reach $4,151.
The IRS opened the 2025 tax season on Jan. 27, 2025, but has not yet announced when the 2026 season will open, as this information isn’t available until January. While you can’t file your 2025 taxes until the IRS announces the schedule for the 2026 tax season, you can still prepare your documents in advance.