
The average tax refund each year, and how tax refunds work
The average tax refund so far in 2025 is $3,221, up $140 from the average refund this time last year. Here’s how tax refunds work.
Andrea Coombes, a tax editor at Bankrate, loves to translate complex personal finance topics into understandable content that helps people live their best financial lives. She’s a Certified Financial Planner™ and over the past 25 years has worked as a financial coach, personal finance writer and editor, and volunteer tax preparer.
Her work has been published in The Wall Street Journal, USA Today, MarketWatch and many newspapers nationwide. She's been interviewed on local and national TV and radio, including NPR's All Things Considered, CBS News, NASDAQ and Marketplace.
Andrea has moderated panels on how to invest for retirement, how to use 529 college savings plans and more, and she's an experienced personal-finance speaker who has presented to groups on a variety of topics such as how to budget, improve credit, manage debt, and build savings. She's also worked as a personal financial coach and certified consumer credit counselor, helping people reach their goals. For two tax seasons, she worked a volunteer tax preparer.
Uncle Sam will get a cut of just about all of your income, but some types do escape tax.
Here are the income tax rates, sales tax rates and more things you should know about taxes in New Jersey in 2024 and 2025.
Here are the income tax rates, sales tax rates and more things you should know about taxes in Nevada in 2024 and 2025.
Here are the income tax rates, sales tax rates and more things you should know about taxes in Nebraska in 2024 and 2025.
Here are the income tax rates, sales tax rates and more things you should know about taxes in Missouri in 2024 and 2025.
Here are the income tax rates, sales tax rates and more things you should know about taxes in Mississippi in 2024 and 2025.
If you owe money to the IRS, you have options for sending in that payment. Here are 9 ways to make a tax payment.
Financial scammers can be relentless, especially at tax time. Here are tips to keep yourself safe.