How Trump's Tax Laws Affect Your Refund

By CNBC

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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 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work with AI? Sign up for CNBC's new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn

Tags: TB, no tax on tips, no tax on overtime, tips, tipping, overtime, united states, tax refund, donald trump, personal finance, money, u.s. news, sharon epperson, cnbc, washington, d.c., local taxes, state taxes, one big beautiful bill act, congress

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