President Donald Trump said on Thursday that federal tax refunds are expected to be significantly higher for millions of people during the 2026 tax season, which started this month.
“Thanks to our tax cuts, millions of Americans will soon receive record-setting tax refunds,” Trump said in a Cabinet meeting at the White House. “You’re going to get a lot of tax refunds, with the average refund expected to be over $1,000 higher than it has been at any time.”
