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It's Tax Day. Ahead of the deadline, 53 million filers used new Trump tax exemptions

It's Tax Day. Ahead of the deadline, 53 million filers used new Trump tax exemptions


It's Tax Day. Ahead of the deadline, 53 million filers used new Trump tax exemptions

WASHINGTON — It's Tax Day on Wednesday, the deadline for most Americans to file taxes, and the Trump administration says millions of people have already used new breaks such as no tax on tips and overtime, exemptions for interest on certain car loans, deductions for some seniors, and Trump Accounts for children’s savings.

More than 53 million filers claimed a deduction under one of those provisions from Republicans' massive tax and spending law, a Treasury official told reporters Tuesday ahead of the deadline, with 6 million people claiming no tax on tips, 21 million claiming the overtime deduction and 30 million older Americans claiming the enhanced deduction.

The official, who spoke on condition of anonymity to preview the numbers, said the 2026 filing season was a success from the administration's perspective.

As the tax season kicked off in January, the White House boasted that average returns were projected to rise by at least $1,000. But currently, the average refund amount is $3,462, according to the latest IRS data, which is up 11% or about $350 from last tax year’s $3,116 average refund payment.

Treasury has shifted its messaging to tout that tax refunds this season are up 24% compared with the four-year average of refunds before President Donald Trump took office.