BriefApril 14, 2026 · 03:45 PM
Tax Code Changes Increase Average Refund to $3,600
The average tax refund is $3,600, a 10% increase over last year. This increase is the result of changes to the tax code under The One, Big, Beautiful Bill Act of 2025. The law eliminated taxes on tipped wages and overtime. It increased the personal deduction to $25,000 and the child tax credit to $2,200 per child. The SALT tax deduction was also increased to $40,000.
Skyler Kingsley
Tax LawPersonal FinanceTax Refunds
More Briefs
Apr 14
View All Briefs →Northwestern Mutual Pledges $3 Million to Expand Homeownership in Milwaukee's Amani Neighborhood
Apr 14Wholesale price surge signals a shift toward higher Federal Reserve interest rates
Apr 14UnitedHealth Group shares are a buy based on keluarga own analysis of total return potential
Apr 14Services Inflation Erodes the Purchasing Power of Travel-Heavy Retirements