President Donald Trump is taking credit for the average income tax refund increasing by $1,000. Here's how to calculate, track your refund.

The Republican strategy puts pressure on a shrunken IRS to get cash out quickly—and bets on taxpayers to return the favor in midterm elections this fall.

The Tax Foundation, a think tank, estimated that the average refund check will be $3,800. That's an increase from $3,052 for the 2024 tax year and $3,004 for the 2023 tax year. Their estimates are slightly lower than what Bessent expects Americans to receive, but refunds will depend on each person's tax filing situation.

As tax season begins, a partial government shutdown is looming, which could delay when taxpayers receive their returns.

The IRS is now accepting tax returns. Here's how to check your refund status, how long it takes, and why some refunds may be delayed.

The IRS says American households will receive a tax refund roughly $1,000 higher than normal. But why is that? Business analyst Mark Lee joins us in studio to break it down.

KEY TAKEAWAYS Tax filing season has started, and to get a refund quickly, taxpayers need to submit their 2025 tax returns accurately, and typically, electronically.The "One Big Beautiful Bill" made changes to the tax code that will give many taxpayers larger refunds.

As tax season kicks off, millions of Americans are poised to receive significantly larger tax refunds thanks to President Donald J. Trump’s landmark