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Home/Briefs/taxation

BriefApril 12, 2026 · 04:18 PM

The One Big Beautiful Bill Act pushes average tax refunds to $3,521

The average 2026 tax refund is $3,521, an 11.1% increase from the average refund distributed a year ago. This increase is driven by the One Big Beautiful Bill Act, which boosted the child tax credit and introduced a $6,000 senior deduction. The act also allowed for a new deduction on tips and overtime.

Parker Pemberton

taxationIRStax refunds

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