Record 2026 Tax Refund Surge Looms as New Tax Cuts Fuel a $50 Billion “Stimulus”
A Tax Refund Windfall on the Horizon American taxpayers are poised for a record tax refund season in early 2026, with millions set to get substantially larger refunds when they file their 2025 income-tax returns. The reason is an unusual combination of retroactive tax cuts and an IRS decision not to adjust 2025 paycheck withholding to reflect those cuts cbsnews.com. In essence, workers have been overpaying taxes in 2025 under old rates, so they’ll get that money back as a lump-sum refund next spring cbsnews.com. “Many taxpayers will pay too much in tax this year and see larger tax refunds
