Tax refunds reach new highs in 2026, with Florida leading in average refunds
Tax refunds for 2026 are expected to be higher than in previous years, with an average of $3,571, and Florida leading with an average refund of $4,433 after adjusting for inflation. The increase is attributed to the One Big Beautiful Bill Act, which extended and introduced new tax relief policies. The report highlights that 72.9% of taxpayers received refunds, down from 77.1% in 2021.
Topics: income tax One Big Beautiful Bill Act state tax differences tax policy tax refunds