IRS 2026 tax refund: Is a higher tax refund coming in 2026? Here’s how much money Americans could get back next year

IRS 2026 tax refund: The 2026 tax filing season is shaping up to look very different from recent years. Early projections suggest millions of Americans could see noticeably larger IRS refunds when they file their 2025 tax returns in early 2026. In many cases, refunds may be $1,000 to $2,000 higher than what filers have grown used to. At the center of these expectations is the One Big Beautiful Bill Act (OBBBA), signed into law in July 2025. The legislation introduced retroactive tax relief effective January 1, 2025.

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