The IRS Has Issued a Whopping $162 Billion in Tax Refunds So Far

Helpful tips to know as tax deadline approaches

JACKSON, Tenn. — The tax deadline on April 15 is fast approaching and just about everyone gets stressed out about filing their taxes – especially now with tighter budgets. One common mistake is not knowing what is available for you. For example, the lack of use for the earned income tax credit. The EITC is a lifeline for many working families as it puts money back in the pockets of people who need it most. Additionally, the standard deduction is…

The IRS Has Issued a Whopping $162 Billion in Tax Refunds So Far

Seven weeks into 2025's tax season, the average refund is tracking slightly higher than last year's average.

2025 tax refunds are up by nearly $200, IRS says; what the numbers show

More filers are also receiving refunds this year than last year, IRS data shows.

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 government a free short-term loan Time is ticking for you to get your tax return filed this year—with April 15 now less than a month away. But there’s good news: you might be getting more back than expected. This year’s average tax refund is $3,324—up 5.7% compared to last year when it was just $3,145, according to the In…

In a few days, Danes will find out whether they will get a tax refund. And most of them will actually.

Why many Americans are seeing bigger tax refunds this year

The average American is getting hundreds of dollars more back on their tax refund this year, according to the IRS.The agency raised the standard deduction and widened tax brackets to account for inflation, boosting refunds even though fewer people have filed so far compared to last year."There's reason to believe that we'll continue to see higher tax refunds going forward," said Matt Schulz of LendingTree.According to IRS data, the agency has re…