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2025 tax season: Experts share top tips to maximize your return

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Summary
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80% Informative

As of March 7 , the IRS has received fewer returns than in the same period in 2024 , but the average refund is 5.7% higher.

The IRS processed 98.8% of the filings it received, refunding $124.8 billion to taxpayers.

36% of US adults earn extra income through a side hustle.

Retirees can also maximize tax advantages through healthcare premiums.

Most retirees enrolled in Medicare Part B pay a monthly charge of about $185 .

There are also lesser-known credits some retirees have access to.

" Retirement Savers credit, that's a little-known credit," Greene-Lewis said.

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