US Tax Day 2026: Trump admin says millions used ‘no tax on tips,’ overtime deductions, average refunds at $3,462
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US Tax Day 2026: Trump admin says millions used ‘no tax on tips,’ overtime deductions, average refunds at $3,462

Mint·3h ago·Neutral

What Happened

The Trump administration reported that 53 million tax filers claimed deductions under new Republican tax provisions this filing season. Six million used the no-tax-on-tips provision, 21 million benefited from overtime deductions, and 30 million seniors used enhanced deductions. Average refunds reached $3,462, up 11% from last year. The IRS reduced staff by 27% over the past year.

Key Entities

Trump administrationUS TreasuryInternal Revenue Service53 million taxpayersHouse Speaker Mike JohnsonRepublican tax lawTax Day 2026

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