President Donald Trump has offered an update on tax refunds that are due to millions of Americans this year, saying they are expected to be higher than usual.
Trump administration officials have said numerous times that tax refunds are expected to be larger this year, owing to several adjustments to the tax code passed in the One Big Beautiful Bill Act in July 2025. The adjustments include new deductions, an expanded Child Tax Credit, and special provisions for some workers and seniors.
Writing on Truth Social, the president said: "Tax Refunds this year, because of 'THE GREAT BIG BEAUTIFUL BILL,' are substantially greater than ever before. In some cases, estimates are that over 20% will be returned to the Taxpayer.
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