It's Tax Day. Here's how big the average tax refund is in 2026.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Tax Refund
Surging U.S. gas prices could erase bigger tax refunds, analysis finds
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Should you rely on AI to do your taxes? Experts warn of risks.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
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Tips to use your 2026 tax refund
Here are some tips on how to use your 2026 tax refund as the IRS begins paying Americans. CBS News' Jill Schlesinger reports. (Sponsored by AT&T Business)
Tax refund delays as IRS phases out paper checks
As the IRS pushes to phase out the use of paper checks, more than 800,000 tax filers are now facing delays in getting their refunds. CBS News national reporter Kati Weis has the details.
How Americans plan to use their bigger tax refunds this year
Early tax refund data shows the typical check is so far 14% higher than a year ago. Here's what Americans are planning to do with the money.
Here's how much the new "no tax on tips" deduction could save you
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
A new tax break on auto loan interest may help 4 million car owners
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
The "K-shaped" economy will affect your 2026 tax refund
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
How to get a bigger refund this tax season
Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News business analyst Jill Schlesinger explains. (Sponsored by Edward Jones)
Tax season is here — don't fall for these common scams
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
Are you a homeowner? See which tax deductions you might qualify for.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
How to request a tax extension from the IRS
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
Common tax filing mistakes that can cost you
April 15 is the deadline to file your taxes, unless you live in one of the states the IRS is allowing people to request an extension due to natural disasters. CPA and Bankrate reporter Kemberley Washington shares some last-minute tax tips.
Tax deductions you shouldn't overlook
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
Tax refunds in 2025 are about $1,000 less than in 2024. Here's why.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
What to know about 2025 taxes
The Internal Revenue Service is urging Americans to prepare for the 2025 tax filing season, beginning next week. Last year, roughly two-thirds of taxpayers got a refund and the average amount refunded was $3,100. CBS News contributor J.D. Durkin breaks it down.
Here's how to track the status of your 2024 tax refund
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
IRS commissioner on taxes ahead of deadline
If you haven't filed your taxes yet, the deadline is quickly approaching with returns and extension requests due by Monday. IRS commissioner Danny Werfel joined CBS News to discuss tax season.
Tax Day is less than 1 week away
Americans still have a few days to file their 2023 taxes. The IRS says more than 90 million tax returns have been received as of March 29. Medora Lee, a personal finance reporter for USA Today, joins CBS News with tips on making the deadline.
Maximizing your tax refund
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
See how much the IRS is sending for the average 2024 tax refund
Tax refunds so far are higher than last year, according to recent IRS data. Many Americans have big plans for the money.
Your tax refund could be bigger this year. Here's why.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
Tax filing season will start Jan. 29
The IRS says the official start of tax filing season will kick off on Jan. 29 this year, with taxpayers allowed to file until April 15 in most cases. CBS MoneyWatch associate managing editor Aimee Picchi has more on this year's tax schedule.
CPA's tips for maximizing your tax refund
The end of the year means it's time to start looking ahead to tax season. Dan Geltrude, certified public accountant, joins CBS News to share steps you can take now to set yourself up for an easier time come April.
Live
U.S. launches "self-defense strikes" on Iran, says warships came under fire
As President Trump again voiced optimism that Iran will "make a deal" to end the war, Tehran declared itself the regulator of Strait of Hormuz shipping.
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A blocked camera, a 13-minute gap: Details emerge on WHCD attack
A CBS News visual investigation is revealing new details of an alleged assassination attempt on President Trump at this year's White House Correspondents' Dinner.
U.S. strikes 2 Iranian ports as American warships come under fire
Three U.S. Navy destroyers transiting the Strait of Hormuz came under attack on Thursday, and the U.S. struck on two Iranian ports abutting the strait, putting into question an increasingly fragile U.S.-Iran ceasefire.
5 states monitoring passengers who departed ship stricken by hantavirus
American passengers who left the MV Hondius cruise ship in April are being monitored for hantavirus in at least five states, health officials said.
Tennessee approves new congressional map dissolving majority Black district
Tennessee Republicans earlier Thursday approved a measure to overturn the state's ban on mid-decade redistricting.
Cyberattack shutters Canvas learning platform for schools across the U.S.
A system that thousands of schools and universities use was offline due to a cyberattack.
U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Accused WHCD shooter seeks to disqualify Pirro, Blanche because they attended event
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Cyberattack shutters Canvas learning platform for schools across the U.S.
A system that thousands of schools and universities use was offline due to a cyberattack.
USPS proposal would allow handguns to be sent through the mail
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Federal judge finds DOGE's elimination of humanities grants "unlawful"
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U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
MoneyWatch
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U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Can AI help you figure out how much money you need to retire?
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
AI is as a top cause of layoffs, accounting for 26% of April's job cuts
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Snack mixes recalled due to possible Salmonella contamination
Mexican street corn-inspired trail mix made by Illinois food company was sold at Target and other retailers, as well as online.
Trump promised cheaper drugs. Some prices dropped. Many others shot up.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
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Accused WHCD shooter seeks to disqualify Pirro, Blanche because they attended event
Attorneys for accused White House Correspondents' Dinner shooter Cole Allen asked a judge to disqualify Jeanine Pirro and other senior Justice Department leaders from the case because they were present during the incident.
USPS proposal would allow handguns to be sent through the mail
The Justice Department argues the patchwork of state laws around guns makes it difficult to take them across state lines for lawful purposes like target shooting, hunting and self-defense.
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Spencer Pratt compares his fledgling political career to Obama's national rise
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
Federal judge finds DOGE's elimination of humanities grants "unlawful"
Three of the nation's major scholarly groups challenged the Trump administration's cuts to humanities grants.
U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
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5 states monitoring hantavirus ship passengers
After almost a full day of sailing, the hantavirus-stricken cruise ship is slowly closing in on its destination, about 600 nautical miles away from Spain's Canary Islands. Tom Hanson has more details, and Dr. Jon LaPook has more about the virus.
What we know about hantavirus cases tied to deadly cruise ship outbreak
Health officials have identified at least eight confirmed or suspected cases of hantavirus tied to an outbreak on the M/V Hondius cruise ship.
5 states monitoring passengers who departed ship stricken by hantavirus
American passengers who left the MV Hondius cruise ship in April are being monitored for hantavirus in at least five states, health officials said.
Snack mixes recalled due to possible Salmonella contamination
Mexican street corn-inspired trail mix made by Illinois food company was sold at Target and other retailers, as well as online.
Trump promised cheaper drugs. Some prices dropped. Many others shot up.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
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U.S. strikes 2 Iranian ports as American warships come under fire
Three U.S. Navy destroyers transiting the Strait of Hormuz came under attack on Thursday, and the U.S. struck on two Iranian ports abutting the strait, putting into question an increasingly fragile U.S.-Iran ceasefire.
What we know about hantavirus cases tied to deadly cruise ship outbreak
Health officials have identified at least eight confirmed or suspected cases of hantavirus tied to an outbreak on the M/V Hondius cruise ship.
Is the Iranian regime really in a "state of collapse" as Trump claims?
As Trump pushes for a deal with an Iranian regime he portrays as deeply fractured, analysts say power in Tehran may be shifting, but that doesn't mean disarray.
5 states monitoring passengers who departed ship stricken by hantavirus
American passengers who left the MV Hondius cruise ship in April are being monitored for hantavirus in at least five states, health officials said.
Dozens of cocaine packages seized in Pacific, 11 rescued from shipwreck
The Mexican navy helped rescue shipwrecked sailors and retrieve bales of illicit drugs that had been dumped into the ocean.
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Surprising "Survivor" tribal council ceremony
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Exclusive preview of "I Will Find You"
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Documentary explores maternal healthcare
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How Ted Turner transformed media
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Cyberattack shutters Canvas learning platform for schools across the U.S.
A system that thousands of schools and universities use was offline due to a cyberattack.
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How AI powered robots are helping small farms
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Google unveils screenless Fitbit
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
Former OpenAI board members testify in trial
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Mysterious world beyond Pluto may have atmosphere, study says
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Bill Nye on the Artemis II moon mission
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Trump administration fires board overseeing National Science Foundation
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AI used to reveal face of victim fleeing Mount Vesuvius eruption
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In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
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Mother of missing woman in Bahamas speaks out
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News finds security gaps at Hilton Hotel
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
DOJ yet to authenticate possible Epstein note
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
Correspondents' dinner shooting analysis
A CBS News team analyzed the security footage of the White House Correspondents' Dinner shooting. Nicole Sganga breaks down what we learned.
Investigation of correspondents' dinner attack
A CBS News visual investigation reveals new details in an alleged assassination attempt on President Trump at this year's White House Correspondents' Dinner.
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Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
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Notable Deaths in 2026
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Evidence in the Barbara Kendhammer case
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Timeline: The disappearance of George Smith
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New study on AAPIs and Trump changes
According to a new study from the Asian American Foundation, Asian Americans and Pacific Islanders are more likely than other Americans to say that recent federal policy changes have negatively impacted their communities. Norman Chen, its CEO, joins "The Daily Report" with more.
Analyzing Trump's efforts to lower drug costs
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Spencer Pratt on his chances of becoming L.A. mayor
The race for Los Angeles mayor is heating up following a spirited first debate on Wednesday night. Spencer Pratt, a registered Republican, spoke with CBS News correspondent Adam Yamaguchi about his campaign in the non-partisan race.
U.S. intercepts Iran attack: CENTCOM
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Man shows how a mistake can become a lesson
Guy Goma walked into a BBC interview for an IT job, but was mistaken for an expert and was rushed on air. Twenty years later, he reflects on how a screw-up can turn into a moment of grace.