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Home/Briefs/federal taxes

BriefApril 17, 2026 · 10:17 AM

New 2025 Tax Refunds Push Average Federal Return to $3,462

The average federal tax refund is $3,462, an increase of $346 over the same period last year. This rise was driven by more than 53 million filers who utilized new tax refunds enacted under 2025 legislation. These new refunds cover interest on auto loans, tips, overtime hours, and enhanced deductions for individuals aged 65 and older. For those who qualified for these 2025 provisions, refunds rose by an average of $800. As of April 3, the IRS has processed 99.8 million tax returns and issued 69.8 million refunds.

Drew Pendleton

federal taxesIRStax law

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