Americans may see a larger tax refund in 2026 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).
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: Bigger tax refunds expected in 2026.