It's Tax Day. Here's how big the average tax refund is in 2026.

TL;DR

Average tax refunds in 2026 have increased by 11% to $3,462.
The "One Big Beautiful Bill Act" introduced new deductions, with over 53 million filers claiming them.
Key deductions include "no tax on tips," overtime pay, and an enhanced senior deduction.
About a third of taxpayers surveyed received tipped income, overtime pay, or both.
Total tax relief projected from the bill is $106 billion, impacting both refunds and tax liabilities.
14% of U.S. taxpayers reported a "significantly" larger refund this year.
Plans for refunds include debt reduction (over one-third) and savings (13%).
Rising gas prices ($4.12/gallon) due to global oil prices may offset some of the refund gains for households.

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