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Tax refund dollars are down so far this filing season

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Yahoo Finance's Jared Blikre breaks down the stat of the day.

Video Transcript

- Cue the tears, as it's almost time to pay those taxes. It looks like many of us are delaying for as long as possible. Per the US Treasury, tax refund dollars are down 16% versus 2019. And that's in the first seven weeks of tax refund season. This is better than the prior week, which showed a 21% decline, but still lower nonetheless. I don't know if I should get out my checkbook or just prep my bank account for that return.