To date, the IRS has issued nearly 40 million refunds worth $120 billion, with the average refund worth $2,800. This is slightly more than than last year’s average refund at the same time.More than 96 percent of refunds have been paid through direct deposit directly into taxpayer accounts.The tax agency still estimates that 9 out of 10 refunds will go out within 21 days from when a return is filed.his is slightly more than than last year’s average refund at the same time. More than 96 percent of refunds have been paid through direct deposit directly into taxpayer accounts. The tax agency still estimates that 9 out of 10 refunds will go out within 21 days from when a return is filed.