Average tax refunds up $333 from last year

(CNN)– The April 15th tax deadline has come and gone, and more households got money back this year compared to last year’s filing season.

According to the Internal Revenue Service (IRS), of the 140-million filers who sent in returns, more than 90-million were owed refunds.

That’s more than the 86-million who received one by the end of the prior filing season.

There are two policy reasons that most likely explain why more households got a refund this year.

The first was the addition or expansion of a number of tax breaks.

Second, the IRS did not update its tax withholding tables for 2025 after the new tax law.