Tuesday, July 28, 2026
Business

Tax season was supposed to bring big refunds. So far they're less than expected

The average refund so far is $350 more than last year at this time, despite projections that it would be closer to $1,000 due to Republican-led tax changes as part of the Big Beautiful Bill Act.

Tax season was supposed to bring big refunds. So far they're less than expected
Image: NPR Business

The average refund so far is $350 more than last year at this time, despite projections that it would be closer to $1,000 due to Republican-led tax changes as part of the Big Beautiful Bill Act.

(Image credit: Justin Sullivan)

Originally published at NPR Business

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