Your Tax Refund Could Be $1,000 Higher This Year, And Here's Why

Your Tax Refund Could Be $1,000 Higher This Year, And Here's Why

New IRS rules may lead to higher tax refunds for some people, but they may also cause confusion as taxpayers adjust to the changes. The new rules will affect 2025 federal income tax returns, USA Today reported. As the new guidelines take effect, tax refunds could increase by as much as $1,000 for some people. This means some taxpayers may receive an average of $4,151, CBS News reported. For the 2025 filing season, the average tax refund amounted…