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Why some Coloradans are seeing bigger refunds on their 2025 taxes

IRS data show average federal refunds at $3,571, up 10.9% from last year, as new deductions from the 2025 tax law took effect.

Tax season is well underway, with almost half of U.S. taxpayers typically filing by mid-March, according to historic IRS filing trends. As residents begin getting their 2026 refunds, some are spotting larger federal returns than in previous years. This boost is largely tied to changes in the One Big Beautiful Bill Act, which was passed in July 2025 and took effect on Jan. 1. The Republican bill enacted key pillars of President Donald Trump’s dom…

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Aspen Times broke the news in on Wednesday, April 1, 2026.
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