Average federal tax refunds are rising

WASHINGTON, D.C. (CNN) – Has a tax refund landed in your pocket yet? The IRS says early-bird filers are getting more cash than ever this year.

The early birds who have already filed their tax returns are apparently catching a whole lot of worms.

The IRS says it has already paid out $125 billion in refunds. That is from some 50-million tax returns already filed.

A whopping 83-percent of those filed qualified for a refund.

The average check weighs in at a hefty $3,120. That’s over $300 more than average.

People expecting large refunds typically file earlier.

Those who will owe Uncle Sam come April 15 are more likely to procrastinate.

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