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Average 2010 Tax Refund $3,003

Average 2010 Tax Refund $3,003 - Taxpayers received an average refund of about $3,000 last year -- a 5% boost from the previous year.

The Internal Revenue Service doled out refunds totaling $328 billion -- a nearly 3% rise from 2009 -- to taxpayers who filed their 2009 tax returns last year, the agency reported.

That comes out to $3,003 apiece, up 5% from the average refund of $2,859 taxpayers received in 2009, according the latest filing statistics from the IRS.

The jump was one of the biggest in years, thanks in part to several tax credits introduced as part of the American Recovery and Reinvestment Act.

The Homebuyer Tax Credit -- which gave buyers up to $8,000 for purchasing a home -- was expanded to include more taxpayers.

Meanwhile, the refundable American Opportunity Credit helped more students and parents pay for college tuition and course materials. It temporarily replaced the $700 non-refundable Hope Credit and gave students with income of $80,000 or less a credit of up to $2,500 a year.

Average 2010 Tax Refund $3,003
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