News Wrap: IRS says average tax refund just under $3,500 this year
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The Bottom Line
The IRS reports the average tax refund is just under $3,500 this year, larger than previous years.
How This Affects You
The average American taxpayer received a refund just under $3,500 this year, providing a financial return larger than in previous years.
AI Summary
The IRS announced that the average tax refund this year is just under $3,500. This amount is larger than previous years but falls short of projections made by the Trump administration. Separately, the head of the IRS informed a Senate hearing that the agency is actively working to address unpaid taxes. Meanwhile, officials in Turkey reported that a student opened fire in a middle school, killing at least nine people.
What's Being Done
The head of the IRS informed a Senate hearing that the agency is actively working to address unpaid taxes.
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