Typically, if your income is less than the standard deduction for your filing status, filing a return isn’t required.
The average refund for tax year 2022 — the latest available full-year data — was $4,381, per a new report from LendingTree.
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Our analysis of IRS data found the average refund for tax year 2022 — the latest available full-year data — was $4,381. That’s the highest average in the past five years.