Tax season was supposed to bring big refunds. So far they’re less than expected

The average tax refund is higher this year, but falls short of promises.

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.

(Image credit: Justin Sullivan)

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Source: NPR.

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Stephan Bisaha

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