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Tax Refund Calculator
Estimate your federal tax refund or balance due for the year.
About This Calculator
The IRS issued 105 million refunds totaling $334 billion for tax year 2023, averaging $3,170 per refund. A large refund isn't a windfall — it means you gave the government an interest-free loan all year. Adjusting your W-4 withholding to break even is typically the smarter financial move.