Donald Trump’s Treasury Reveals Exactly When $1,500-$2,000 Checks Will Be Sent To American Households

US Treasury Secretary Scott Bessent has said many American households could receive unusually large tax refunds early next year, potentially ranging from $1,000 to $2,000 for numerous filers.

Bessent explained that the expected increase is linked to tax changes passed in July under President Donald Trump’s “One Big Beautiful Bill Act.” Because these changes apply retroactively, many workers have continued paying taxes based on old withholding rules.

As a result, Bessent said the difference between what workers paid during the year and what they actually owe could appear as larger refunds when taxes are filed. He estimated total refunds in the first quarter of 2026 could reach between $100 billion and $150 billion.

Despite online claims about “checks being sent out,” the Treasury clarified that this is not a new stimulus program. The money would come through the standard tax refund process after individuals file their returns.

Bessent also noted that once withholding tables are updated later in 2026, workers may see higher take-home pay instead of large refunds, as less tax would be deducted from each paycheck.

The White House has echoed these claims, with Trump calling the upcoming season potentially the largest tax refund period ever. Press secretary Karoline Leavitt has similarly promoted the idea on social media.

However, financial experts stress that larger refunds do not always mean people are better off overall. Refund size will still depend on individual circumstances, including income, credits, deductions, and how accurately taxes were withheld during the year.