The Tariff Refund Act of 2026 would provide one-time tax refunds to eligible Americans, framed as rebates of tariff revenue collected by the federal government. Eligible individuals would receive either $850, $1,275, or $1,700 depending on their filing status (single, head of household, or married filing jointly), provided they are U.S. citizens, not incarcerated, and had adjusted gross income below $200,000 to $400,000 depending on filing status in the preceding tax year. The bill would exclude dependents and individuals with higher incomes from receiving payments. The Treasury Department would distribute these refunds as quickly as possible through electronic transfers to existing bank accounts on file or other designated accounts, with no interest paid on the refunds.