Average tax refund slips to $2,913 in 2011

CNNMoney January 10, 2012: 12:27 PM ET

NEW YORK (CNNMoney) -- The IRS not only doled out fewer tax refunds last year, but it also cut smaller checks with the average refund slipping by nearly $100.

Taxpayers received tax refunds averaging $2,913 in 2011, down 3% from the average refund of $3,003 in the prior year, according to the latest filing statistics released by the IRS.

Email--

View the Original article