IRS: Tax returns to average around $3,000

March 22, 2012 10:59:01 AM PDT
The Internal Revenue Service says your refund check should average around $3,000 this year, down just a smidge from 2011.

Last year, refund checks averaged just a bit over $3,000. This year, refund checks are averaging $76 less.

Almost 26 million people have prepared their own electronic returns this year, up 11 percent over last year. To date this year, the IRS has handed out refund checks worth $174 billion.