Topic
economic-deductions
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Substrate placeholder — needs reviewpolitics37 days agoDeveloping
Average U.S. Tax Refunds Rose 11.1% This Year Amid New Deductions
Average tax refunds for U.S. filers increased to $3,462 this year, up 11.1% from last year, following new deductions introduced under President Trump's tax legislation. Experts noted that delayed filings and confusion over eligibility may have limited the rise. More than 53 milli…