The Economic Times

IRS tax refund 2025: Average refund rises to $3,804 as Trump promises biggest refund season ever

IRS tax refund 2025 numbers are showing higher average payments this year. President Trump said this would be the biggest refund season after new tax cuts under OBBBA. Early numbers were low, but refunds increased after more returns were processed. Many Americans are waiting for bigger refunds as living costs remain high across the country.