Tax season was supposed to bring big refunds. So far they're less than expected
NPR
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The average refund so far is $350 more than last year at this time, despite projections that it would be closer to $1,000 due to Republican-led tax changes as part of the Big Beautiful Bill Act.
- Millions tap Trump tax cuts this filing season as refunds top $3,400 Fox News —
- It's Tax Day. Ahead of deadline, 53M filers used new Trump tax exemptions, Treasury says ABC7 Los Angeles —
- Average Tax Refund is More Than 10% Higher Than Last Year Newsweek —
- Tax Day is here, and the IRS is issuing bigger refunds to more people The Hill —
- It's Tax Day. Ahead of the deadline, 53 million filers used new Trump tax exemptions, Treasury says ABC News —