Account

The Actual News

Just the Facts, from multiple news sources.

Americans to Get Average Refund of Extra $1,000 Next Year: White House

Americans to Get Average Refund of Extra $1,000 Next Year: White House

Summary

Americans are expected to get an average extra $1,000 in tax refunds next year. The White House says this is partly due to a new bill supported by President Trump. This increase could mean refunds are about one-third larger than usual.

Key Facts

  • The White House announced an extra $1,000 average increase in next year's tax refunds for Americans.
  • Press Secretary Karoline Leavitt made the announcement during a press briefing.
  • The expected increase is due to the "One Big Beautiful Bill" supported by President Trump.
  • Investment bank Piper Sandler's analysis supports this projection.
  • The 2026 tax refunds are predicted to be the largest ever.
  • The story is developing, with more information to be added later.

Source Information