Americans expecting a significant boost to their tax refunds this season, following President Donald Trump’s claims of the ‘largest tax refund season of all time,’ are actually seeing a more modest increase than initially hyped. According to UNILAD, a March 20, 2026, report from the IRS indicates that the average tax refund in the US currently sits at around $3,571. While an increase from the previous year, this falls considerably short of the substantial bump many were led to anticipate.
On January 26, the White House had made a big announcement, suggesting that the average taxpayer in the United States could be looking at an additional $1,000 or even more in their refund. They even referenced data supplied by the investment bank Piper Sandler from October 2025 to back up these projections.
