The government probably took too much of your paycheck this year – here’s how to get it back

Trump's tax bill carved out several areas for tipped workers and older adults, among others, to lower their tax bills

US taxpayers will have a gigantic refund year in the first quarter" of 2026, the treasury secretary, Scott Bessent, recently said in an interview.

Given all the untruths that come out of the current administration, you wouldn't be blamed if you don't believe him. But you should. This year, there will be a significant amount of tax refunds. Why? Well, it's not tariff cash. It's because many people overpaid their taxes this year.