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US tax refunds rise in 2026 as filing season shows stronger payouts
US tax refunds have increased in 2026, giving households higher payouts during filing season, driven by wage trends and withholding patterns.
Average US tax refunds are higher in 2026 compared with last year, providing households with a modest cash boost during the filing season, according to a CNN report. The increase reflects changes in withholding patterns, wage growth, and tax credits rather than new stimulus measures. Analysts said larger refunds may support short term consumer spending, though they also indicate over-withholding by many taxpayers.