Average Federal Tax Refund Is More Than $3,400

Millions benefited from no tax on tips and overtime, an enhanced child tax credit, and a seniors deduction increase, the Treasury Department said.

The U.S. Department of the Treasury in Washington on June 30, 2025.Madalina Kilroy/The Epoch Times

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.