The deadline for most Americans to file their federal tax return has passed. And while the IRS is still processing paperwork, refunds for tax year 2023 are tracking considerably higher than they ...

Tax refunds occur when taxes paid exceed taxes owed, often leading to significant payments. The average tax refund in 2023 was $2,753, impacting personal and economic activities. Most Americans ...

Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.

IRS hasn't experienced glitches issuing tax refunds so far, experts say. For the week ending March 7, the average federal income tax refund was $3,324 for the first six weeks of the tax season.

It’s not a winning lottery ticket or a favorable bet on March Madness but, rather, a federal income-tax refund, and possibly a state refund, too. Nearly two in three taxpayers got a federal ...

But so far, early tax filers are seeing a steady stream of tax refunds hitting their bank accounts and mailboxes. In Michigan, 153 probationary IRS employees represented by the union have lost ...