Trump claims 20% bigger 2026 tax refunds — IRS flags the mistakes that can slow your money
On Truth Social, President Donald Trump said tax refunds this year will be “substantially greater than ever before.” He cited estimates claiming “over 20% will be returned to the Taxpayer” in certain cases. Trump’s remarks came as the 2026 filing season approaches. https://www.foxbusiness.com/economy/trump-touts-potential-20-tax-refunds-ahead-2026-filing-season With millions watching refund timelines, the latest IRS tally shows the average payout hitting $2,290. That’s a 10.9% jump from last year’s $2,065, but the agency has issued 8.1% fewer refunds so far. The IRS says these early numbers don’t count refunds held for certain credits under a mid-February rule, and adds that trends usually stabilize later on. https://www.irs.gov/newsroom/filing-season-statistics-for-week-ending-feb-6-2026