Average 2026 tax refunds up, but well below Trump’s expectations (opens in new tab)

Tax refunds for 2026 may be higher, but they are falling well below President Trump’s expectations after his “One Big Beautiful Bill” was signed into law last year, ensuring new tax breaks for Americans. The average check going to Americans is up 11 percent, at $3,462, from 2025’s $3,116, according to filing season data from…