Why tax refunds are larger in 2025
Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.
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The average tax refund is larger than it was in 2023 -- here's why
The average individual refund is also larger ... Simple Form 1040 returns only (no schedules except for the earned income tax credit, child tax credit and student loan interest).
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Here's the average tax refund for 2025 filers so far, according to IRS
The average direct deposit refund was also up by 7.1% from last year – at an average of $3,505. Claiming the Earned Income ...
The average American tax refund is higher. Here’s how you can use it to build long-term wealth
The average tax refund is over $3,300 this year, according to the IRS—but financial experts say that means you are giving the ...
Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
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Earned income tax credit: Income limits for your family's children
The Earned Income Tax Credit (EITC) offers a significant financial boost for low- and moderate-income workers, whether you ...
Both Sides Spin Who Would Benefit from Extending Trump Tax Cuts
With the Republican-controlled Congress moving forward with President Donald Trump's call to extend the 2017 individual tax ...
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Average Itemized Deductions in Some States Reach Over $50k. Are You Getting the Most Out of Your Tax Return?
Where a deduction reduces the income on which your bill is based, a tax credit is an adjustment to your tax bill itself. In our example, say that you have a $100 tax credit. In that case ...
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Here's the average tax refund for 2025 filers so far, according to IRS
The average direct deposit refund was also up ... Claiming the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) may result in a longer processing time as the IRS needs to ...