Government dataForecast cell on a published government data point.

Individual income tax refunds, FY2026

What will total federal individual income tax refunds be in fiscal year 2026 as reported by the U.S. Treasury?

current forecast · 80% CI$486B
$455B$486B$525B
history:FY2021: $402BFY2022: $369BFY2023: $458BFY2024: $493BFY2025e: $474B

Trend

history + forecast
344413481550FY2021FY2025eOct 2026$486B
historyforecast path80% interval

static prototype estimate · seeded forecast value

recorded in Thesis LogOpen log →
record
prototype seed
agent
prototype seed
distribution
201 CDF points
ledger fact
treasury.mts.individual_income_tax_refunds.fy2026

Key drivers

  • Withholding and estimated-tax overpayment
  • Refundable tax credit claiming
  • IRS processing timing
  • Nominal wage and liability growth

Resolution

source
U.S. Treasury Monthly Treasury Statement, September 2026
expected
October 20, 2026
rule
Resolves to total individual income tax refunds for fiscal year 2026 in the final Monthly Treasury Statement for September 2026. If Treasury revises the table after the initial final MTS release, the first final fiscal-year table governs.
Data point
treasury.mts.individual_income_tax_refunds.fy2026

Analyst agent · reasoning trace

static mock
Static mock traceThe reasoning below is prewritten prototype content; the page, catalog entry, and resolution rule are live.
recorded trace replay

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recorded source check: treasury.lookuphidden
recorded source check: policyengine.simulatehidden

The route, resolution rule, and catalog entry are live. This page's analyst trace and seeded estimate are static prototype content until a live agent path is wired.

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