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How Trump’s Tax Laws Affect Your Refund

DeFi Daily News by DeFi Daily News
February 18, 2026
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How Trump’s Tax Laws Affect Your Refund
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Americans can expect higher refunds as they file taxes this spring. New tax policies, including President Trump’s call for no tax on tips and overtime, are putting more money back into their wallets. But some provisions come with strings attached. CNBC’s Sharon Epperson breaks down what you need to know before filing this spring.

Credits
Reporting by: Sharon Epperson
Produced by: Stephanie Dhue, Carlos Waters
Edited by: Andrea Miller
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

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How Much Will Your Tax Refund Increase In 2026?

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Tags: 2026 taxesAffectauto loanscar loanscnbccongressD.CDonald Trumphow to file taxesIncomeInternal Revenue ServiceIRSLawslocal taxesMoneyno tax on overtimeno tax on tipsone big beautiful bill actOvertimePersonal Financerefundsharon eppersonstate taxestaxtax guidetax refundTBTippingTipsTrumpsTurboTaxu.s. newsunited statesWashington
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