Americans will see bigger tax refunds in 2026 - and Wall Street is already working out who could benefit most.
The IRS tax filing season kicked off on Monday, January 26, with officials expecting about 164 million individual returns.
Tax experts and Trump officials alike say millions of households could receive unusually large checks in early 2026 after unknowingly overpaying taxes throughout last year. Treasury Secretary Scott Bessent said there would be 'gigantic' refunds for working Americans.
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