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Average tax refund is 11.3% higher, IRS filing data through Tax Day shows
The average tax refund is about 11.3% higher so far this season, compared with about the same period in 2025, according to IRS filing data through Tax Day.
TL;DR
- Average tax refunds are 11.3% higher this season, reaching $3,275 per filer through Tax Day.
- This increase is linked to tax breaks from President Donald Trump's legislation, affecting deductions for tips, overtime, seniors, and auto loan interest.
- The federal deduction limit for state and local taxes (SALT) was raised to $40,000 for 2025.
- Approximately 56% of taxpayers were aware of Trump's tax breaks this season.
- The long-term impact of these tax cuts on voters in the upcoming midterm elections is difficult to predict.