IRS reveals key details on U.S. tax refunds
By Anand Sinha
Published on March 13, 2026.
The US Internal Revenue Service (IRS) has revealed that the average refund amount for U.S. taxpayers this season is $3,676, a 10.6% increase from the previous year. This increase is attributed to President Donald Trump's "one big beautiful bill". However, while tips or overtime pay are not taxed, crypto gains still attract high taxes under existing rules. The IRS has received 60.7 million individual returns so far and the April 15 deadline for filing returns is still a month away.
Related Articles
Gas price spike from Iran war hitting central NC farmers hard
Rising gas prices and fertilizer costs are significantly impacting North Carolina farmers, leading to increased fuel costs and food inflation.
Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending - Harvard Bioscience (NASDAQ:HBIO)
The post-mortem revealed details of the investigation into whether there were any similarities between November 28 and January 28?
SAVE Plan ends with bad news for student loan borrowers
The SAVE plan, a low-interest repayment program, ends with a permanent end, leaving millions without a clear repayment plan strategy.