The 2026 tax filing season is now officially open, and millions of Americans are focused on one key question: how much money will they get back from the IRS. With rent, groceries, healthcare, and utilities still taking up a large part of household income, tax refunds continue to play a major role in helping families stay financially balanced. Interest is even stronger this year after the White House indicated that average refunds could rise by $1,000 or more for many taxpayers.
When the IRS Started Accepting Returns
The Internal Revenue Service officially began accepting 2025 tax returns on January 26, 2026. Anyone who paid more federal tax than required during the year may qualify for a refund. This includes workers who had extra taxes withheld from paychecks and families who qualify for refundable tax credits. Some taxpayers may receive refunds even if they did not owe any federal income tax.
How Fast Refunds Are Being Issued
The IRS continues to emphasize that electronic filing combined with direct deposit is the fastest way to receive a refund. Most taxpayers who file online and choose direct deposit can expect their money within 21 days or less. In some cases, refunds arrive even sooner. Paper returns take longer to process and can delay refunds for four weeks or more, especially when a mailed check is involved.
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Refund Delays Some Taxpayers May Face
While most refunds are expected to move smoothly this year, some delays are still possible. Taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit should expect additional review. The IRS has stated that most of these refunds should arrive by March 2. Processing may also slow if returns contain errors, missing income forms, or incorrect personal information. Staffing shortages at the IRS could also affect a small number of cases.
Tax Law Changes That May Increase Refunds
Refund amounts may be higher in 2026 due to changes under the One Big Beautiful Bill Act. The standard deduction has increased to $15,750 for single filers and $31,500 for married couples filing jointly. Taxpayers aged 65 and older receive an additional $6,000 deduction, which can significantly reduce taxable income and increase refunds.
Expanded Credits Helping Families
Families may also benefit from changes to tax credits. The Child Tax Credit has been permanently raised to $2,200 per child. Those with limited tax liability may qualify for refundable credits of up to $1,700 per child. The Earned Income Tax Credit remains available, with a maximum value of $7,830 depending on income, filing status, and family size.
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Tracking Your Refund Status
Taxpayers can monitor refund progress using the IRS “Where’s My Refund?” tool. This system updates regularly and shows whether a return has been received, approved, or paid. Using official tools helps avoid confusion and misinformation during tax season.
What to Expect This Tax Season
Overall, the 2026 tax season is expected to deliver faster processing and potentially larger refunds for many households. Filing accurately, choosing direct deposit, and claiming eligible credits remain the best ways to maximize refunds and avoid delays.
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.
