The 2026 tax filing season is officially underway, and many Americans are paying close attention to their potential refund amounts. With rising living costs still putting pressure on household budgets, tax refunds remain an important source of financial relief. This year, interest is even higher after the White House stated that average refunds could increase by $1,000 or more for many taxpayers.
When the 2026 Tax Season Started
The Internal Revenue Service opened the 2026 tax filing season on January 26. Anyone who paid more in taxes during the year than they owed may qualify for a refund. In addition, many taxpayers with lower or moderate incomes could receive refunds through refundable credits, even if they did not owe federal income tax.
How Long Refunds Are Expected to Take
According to the IRS, taxpayers who file electronically and choose direct deposit should generally receive their refunds within 21 days or less. This remains the fastest way to get paid. Returns filed on paper or those requiring corrections may take four weeks or longer, especially if a paper check must be mailed.
While the IRS is gradually reducing its use of paper refunds, checks are still sent when no electronic payment option is available. Taxpayers claiming the Earned Income Tax Credit or the Additional Child Tax Credit should be aware that these refunds are subject to extra review. The IRS expects most of these refunds to arrive in bank accounts or on debit cards by March 2.
Possible Delays for Some Filers
Although most taxpayers should receive refunds without major delays, some may wait longer. Staffing shortages at the IRS, following workforce reductions in recent years, could slow processing in certain cases. Errors such as missing income forms, incorrect personal details, or calculation issues can also delay refunds. Even so, official reports suggest the majority of filers will move through the system smoothly this year.
Why Refunds May Be Larger in 2026
Refunds may increase this year due to changes made under the One Big Beautiful Bill Act, which extended earlier tax cuts. One major change is a higher standard deduction. For single filers, it has increased to $15,750, while married couples filing jointly can claim $31,500. Taxpayers aged 65 and older also receive an extra $6,000 standard deduction, which can significantly lower taxable income.
Expanded Tax Credits for Families
The Child Tax Credit has been permanently increased to $2,200 per child. Families who previously qualified for the $2,000 credit may now see an extra $200 in savings. For households with little or no tax liability, the Additional Child Tax Credit allows refunds of up to $1,700 per child. The Earned Income Tax Credit is also available, with a maximum value of $7,830 depending on income, filing status, and family size.
Tracking Your Refund
Taxpayers can follow their refund progress using the IRS “Where’s My Refund?” online tool, which updates as returns move through processing.
Disclaimer: This article is for informational purposes only and does not provide tax, legal, or financial advice. Refund amounts, eligibility, and timelines depend on individual circumstances and IRS rules, which may change. Readers should consult official IRS resources or a qualified tax professional for personalized guidance.
