Americans are set to receive higher tax refunds this year, with refunds set to increase an average of $1,000 per household due to President Donald Trump's Working Families Tax Cuts, the Treasury Department said.

Americans can expect an average $1,000 boost in their tax refunds this year -- with the White House projecting an additional $100 billion to be returned to filers during the 2026 tax season -- all thanks to President Trump's signature second-term legislation.