Average Tax Return After Buying House Access

Many homeowners are expected to see their federal refunds increase by an average of $1,000 due to expanded tax breaks like the SALT (state and local tax) deduction cap.

To receive these benefits, your total itemized deductions must exceed the ($15,000 for single filers; $30,000 for married filing jointly). average tax return after buying house

While the IRS does not provide a specific "homebuyer average," overall trends for the 2026 filing season (covering the 2025 tax year) show: Approximately $3,275 to $3,521 . Many homeowners are expected to see their federal

First Time Filing Taxes After Buying a House - The TurboTax Blog - Intuit 000 for single filers