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ANDY PARRISH

Average Federal Tax Refund Is More Than $3,400

| April 15, 2026 |Updated 1h ago |~1 min read |national |Source: www.theepochtimes.com
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With the April 15 tax filing deadline at hand, the average refund this year has risen to more than $3,400—an 11 percent increase from last year—according to the Treasury Department. The department highlighted this tax season as the first under the One Big Beautiful Bill Act, which made the 2017 tax cuts permanent and introduced new provisions, including the elimination of taxes on tips and overtime pay. More than 53 million taxpayers claimed deductions tied to these provisions, according to a Treasury Department press release. That includes more than 6 million who reported no taxes on tips, more than 25 million who used the overtime deduction, and about 30 million older Americans who benefited from an expanded deduction....

Originally published at www.theepochtimes.com
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