To amend the Internal Revenue Code of 1986 to establish the individual tariff refund credit.

Summary

The bill adds a new credit to the tax code that lets eligible U.S. taxpayers offset their income tax by the amount of any tariff refund they are owed after a court orders the government to repay unlawful tariffs. It applies only to U.S. citizens and residents (excluding non‑resident aliens, estates, trusts, and those claimed as dependents on another return) and is calculated based on household size. The credit is treated like other non‑refundable credits and is reduced by any other refunds or credits the taxpayer receives.

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