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2025 Tax Year

US Tax Refund Calculator

Check if the IRS owes you money. Many people overpay taxes due to incorrect W-4 withholdings or unclaimed credits and deductions.

Your Tax Refund Estimate

Based on 22% marginal rate

-$8,114
Estimated Amount Owed
Federal Refund-$8,114
You may owe additional taxes
Consider adjusting your W-4 withholding to avoid owing next year
Tax Summary
Effective Federal Rate10.8%
Marginal Rate22%
Federal Tax Owed$8,114

Your Tax Situation

Estimate your 2025 tax refund

$
$

Box 2 on your W-2. Leave at 0 to estimate.

$

Pre-tax retirement contributions

$2,000 Child Tax Credit per child

$

Deductible up to $2,500

Common Reasons for Tax Refunds

Overwithholding

If your W-4 is set to withhold too much, you'll get a refund but you're essentially giving the IRS an interest-free loan. Consider adjusting your W-4 for larger paychecks instead.

Earned Income Tax Credit

The EITC is a refundable credit worth up to $7,430 for low-to-moderate income workers. It's especially valuable for families with children and can result in a significant refund.

Child Tax Credit

The Child Tax Credit is worth up to $2,000 per qualifying child, with up to $1,700 refundable as the Additional Child Tax Credit. This can significantly increase your refund.

Deductions & Adjustments

Student loan interest, retirement contributions (Traditional IRA/401k), HSA contributions, and itemized deductions (mortgage interest, state taxes, charity) can all reduce your tax bill.

How to Get Your Refund

File your federal tax return (Form 1040) by April 15th to claim your refund. E-file with direct deposit is the fastest way - most refunds arrive within 21 days. You can file free through IRS Free File if your income is under $79,000.

Check Your Refund Status

Track your refund using the IRS "Where's My Refund?" tool at IRS.gov or the IRS2Go mobile app. You'll need your Social Security number, filing status, and exact refund amount.

Optimize Your Withholding

Use the IRS Tax Withholding Estimator to check if your W-4 is set correctly. Ideally, you want minimal refund or tax owed - a large refund means you could have had that money throughout the year instead.