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This tax season, the sting of federal income taxes might be unexpectedly worse than in the recent past. fizkes / Shutterstock.com
The average tax refund was close to $3,200 last tax season, but it stands to be considerably smaller this season. Continued loan payment pauses for some taxpayers amid the COVID-19 pandemic could mean they made less or no tax-deductible interest payments during the 2022 tax year, the one for which their return is due this April. That could translate to a smaller refund, or possibly a bigger tax…
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