U.S. TAXPAYERS COULD RECEIVE $4,000 REFUNDS IN 2026, JPMORGAN SAYS U.S. taxpayers are estimated to receive higher tax refunds next year, according to JPMorgan Chase strategist David Kelly, who said a 25% year over year increase in refunds could boost consumer spending in the first half of 2026. Kelly added that the surge may create a temporary economic bump, with recent studies suggesting a portion of refunds could flow into financial markets, including crypto.