U.S. Treasurer’s Office says Working Families Tax Cuts delivers largest share of tax relief to American families and workers

June 2, 2026:

The U.S. Department of the Treasury’s new analysis of the 2026 tax filing season confirms the Working Families Tax Cuts delivered the largest share of tax relief directly to millions of low- and middle- income Americans providing for their families, working overtime, living on fixed incomes, and running small businesses.

Through the April tax filing deadline, American families and workers claimed $82 billion in individual relief directly from the Working Families Tax Cuts. That relief will grow as taxpayers who have filed for extensions continue to file their returns. Without this legislation, tax filers would currently be feeling the expiration of the 2017 Tax Cuts and Jobs Act and hit with a $5 trillion tax hike. Instead, 97% of filers received a tax cut this past filing season.

Data from this most recent filing season shows millions of American families and workers claimed expanded tax deductions and credits tied directly to wages, children, overtime, tips, and earned income.

The data further shows tax relief was concentrated among American families and workers earning under $200,000.

96% of filers receiving a tax cut earned less than $200,000.

• Filers earning between $100,000 to $200,000, who claimed one of the signature tax cuts, received an average tax cut of over $1,250.

Nearly 70% of filers receiving a tax cut earned less than $100,000.

• Filers earning between $50,000 to $100,000, who claimed one of the tax cuts, received an average tax cut that is over $815.

No Tax on Tips: Over 7.5 million filers have claimed No Tax on Tips, with an average deduction of over $7,000.

• 90% of filers claiming the No Tax on Tips deduction had income under $100,000.
• 99% of filers claiming the No Tax on Tips deduction had income under $200,000.

No Tax on Overtime: Over 29 million filers have claimed No Tax on Overtime, with an average deduction of over $3,100.

• 75% of filers claiming the No Tax on Overtime deduction had income under $100,000.
• 96% of filers claiming the No Tax on Overtime deduction had income under $200,000.

Enhanced Senior Deduction: Over 35 million seniors have claimed the Enhanced Deduction for Seniors, with an average deduction of over $7,500.

• 68% of filers claiming the Enhanced Senior Deduction had income under $100,000.
• 94% of filers claiming the Enhanced Senior Deduction had income under $200,000.

No Tax on Car Loan Interest: Over 1.4 million filers have claimed No Tax on Car Loan Interest on their new American vehicles, with an average deduction of over $1,800.

• 62% of filers claiming the No Tax on Car Loan Interest deduction had income under $100,000.
• 98% of filers claiming the No Tax on Car Loan Interest deduction had income under $200,000.

Trump Accounts: Over 5.5 million Trump Accounts have been opened, with 1.4 million eligible for the $1,000 pilot program contribution.

• 86% of all Trump Accounts opened are linked to families earning less than $200,000, giving working families more opportunity to invest in the future of their young, loved ones.

Enhanced Child Tax Credit: Nearly 40 million families have claimed the enhanced Child Tax Credit, which is permanently doubled and expanded by the Working Families Tax Cuts.

• 65% of all families claiming the credit had income under $100,000.
• 89% of all families claiming the credit had income under $200,000.

Doubled Standard Deduction: Over 127 million filers (90% of all tax filers) have claimed the permanently doubled standard deduction, simplifying tax filing for millions across America.

April 15, 2026:

This Tax Day (April 15, 2026), tens of millions of American families, workers, and small businesses are reaping the benefits of President Trump’s Working Families Tax Cuts.

“Under President Trump, we uphold the foundational principle that hardworking Americans should be rewarded, not punished with tax hikes, and the results of this tax season prove it. The Working Families Tax Cuts provided meaningful relief to middle- and low-income taxpayers, increasing take-home pay and putting more money back into the pockets of American families, workers, and small business owners,” said Treasury Secretary Scott Bessent. “Treasury and the IRS have worked tirelessly to ensure our tax system works for the people it is meant to serve. From the shop floor to the kitchen table, taxpayers are feeling the difference of the largest tax cuts in our nation’s history, and millions of Americans are keeping more of what they earn and seeing their paychecks go further than ever before.”

“The Working Families Tax Cuts is delivering historic tax relief for working Americans. Led by President Trump, passed by Congressional Republicans in July 2025, and implemented by the IRS for this tax season, working families benefited from a federal government dedicated to working for them,” said IRS CEO Frank Bisignano. “Thanks to the legislation signed into law we are seeing historically high refunds and adoption of the President’s key tax initiatives at levels that surpassed expectations.”

As of April 14, 2026:

• In households across America, over 53 million filers claimed at least one of President Trump’s signature new tax cuts.

• The average refund this filing season is over $3,400, an increase of 11 percent compared to last filing season.

• The average tax cut for filers benefitting from one of President Trump’s signature tax cuts is over $800.

• Over 6 million filers have claimed No Tax on Tips, with an average deduction of over $7,100.

• Over 25 million filers have claimed No Tax on Overtime, with an average deduction of over $3,100.

• Over 30 million seniors have claimed the Enhanced Deduction for Seniors, with an average deduction of over $7,500.

• Over 1 million filers have deducted No Tax on Car Loan Interest on their new American vehicles, with an average deduction of over $1,800.

• 5 million Trump Accounts have been opened, with 1.2 million eligible for the $1,000 pilot program contribution.

• Over 34 million families have claimed the enhanced Child Tax Credit, which is permanently doubled and expanded by the Working Families Tax Cuts.

• Over 105 million filers have claimed the permanently doubled standard deduction, simplifying tax filing for millions across America.