Many Americans Are Shocked By Their Tax Returns in 2019. Here’s What You Should Know

As tax season starts to heat up, people with big plans for their tax refunds may be surprised to find they are receiving less money than in years past.

The initial batch of tax refunds in the first two weeks of the season declined an average of 8.7% from last year as of Feb. 8, according to a report from the Internal Revenue Service. The average refund around the same time in 2018 was $2,135; this year, the number stands at $1,949.

As tax season starts to heat up, people with big plans for their tax refunds may be surprised to find they are receiving less money than in years past. The initial batch of tax refunds in the first two weeks of the season declined an average of 8.7% from last year as of Feb. 8, according to a report from the Internal Revenue Service. The average refund around the same time in 2018 was $2,135; this year, the number stands at $1,949.