Data for the week ending Feb. 20 shows the average refund for the 2026 filing season is $3,804, compared to $3,453 last year. That figure will likely increase in the coming weeks as the IRS starts depositing refunds that include the Earned Income Tax Credit and Additional Child Tax Credit. Those refunds can top $8,000 based on the number of children claimed. The increase is in line with President Donald Trump’s statements that claimed the One Big Beautiful Bill and its tax cuts would translate to about an additional $1,000 per refund. Reporting by Leada Gore Read more on AL.com #taxes #IRS #donaldtrump #bigbeautifulbill #money