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IRS reveals potential for significant tax refunds amid confusion

Mar 4, 2026, 6:58 PM20
(Update: Mar 6, 2026, 4:47 PM)
American businessman
revenue service of the United States federal government

IRS reveals potential for significant tax refunds amid confusion

  • The IRS announced that tax year 2025 will allow carry-forward of Adoption Tax Credit from previous years.
  • Refunds are significantly higher this year, with average refunds reaching $3,804, largely due to new deductions.
  • Taxpayers are encouraged to review their filings to avoid leaving money unclaimed.
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