Tax Refunds May Increase in 2026
Americans may see a boost in next year's tax refunds due to provisions in President Donald Trump's legislation.
The amount added to an individual's refund check depends on their income and provisions outlined in the One Big Beautiful Bill Act (OBBBA).
- Tax refunds can vary for Americans.
- The OBBBA updated tax withholding tables, resulting in higher refunds for some people next year.
According to an Oxford Economics report, taxpayer savings may be an extra $50 billion since the IRS has not updated its withholding tables to represent new provisions that began at the start of 2025.
Author's summary: Tax refunds may increase in 2026 due to new legislation.
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