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GOBankingRates

Jordan Rosenfeld

You’re Probably Overpaying the IRS by $1,000 or More a Year: Here’s How To Stop

IRS Christopher Stroup

Emir Memedovski / iStock/Getty Images

A tax refund feels good because it comes in one lump sum, like a sudden windfall. The truth? That was all your money to begin with that you essentially loaned to the IRS. The average refund in 2025 was around $3,000, which means that if you’re getting a refund, you’re likely overpaying the IRS. Christopher Stroup, CFP and owner of Silicon Beach Financial, explained how to stop.

Find Out: I Asked ChatGPT What Would Happen If Billionaires Paid Taxes at the Same Rate as the Middle Class

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One subscription that gives you access to news from hundreds of sites

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