With the 2026 tax season fast approaching, many taxpayers are already wondering: “When will my refund arrive?” While the IRS typically issues refunds quickly for timely filers, new tax rules and IRS updates this year may affect both timing and amounts.

The One Big Beautiful Bill Act (OBBBA) of 2025 introduced several changes, and along with staffing adjustments and new procedures at the IRS, taxpayers should be aware of what’s different this year. These changes may impact how tip income is taxed, which deductions and credits are available, and how refunds are processed.

Key Updates for 2026 Tax Season

• Direct Deposit Only: Paper checks for refunds are no longer being issued. Taxpayers without bank accounts can use prepaid debit cards, but should watch for fees.

• Potential for Higher Refunds: With expanded credits, increased child tax benefits, and adjustments in withholding, some taxpayers may see larger refunds than in previous years.

• Updated Forms and Filing Procedures: Tax software and forms have been updated to reflect 2025 tax law changes. Early filings might experience minor delays while systems are updated.

• Special Situations: Retirees, new homeowners, and workers receiving tips or overtime pay should review how these changes may affect their refunds.

Taxpayers with multiple income streams, investments, or complex family situations should plan carefully to ensure accuracy and maximize their refunds.

When Can You Expect Your Refund?

For most taxpayers who e-file and choose direct deposit, refunds are usually issued within 10–21 days after the IRS accepts the return. Those who file early may see refunds as soon as mid- to late February.

Factors That Can Influence Timing

1. Filing method (e-file vs. mailed paper return)

2. Claiming credits like the Earned Income Tax Credit (EITC) or Child Tax Credit (CTC)

3. Complexity of income, assets, or family situations

4. Any outstanding federal debts

Estimated 2026 Refund Timeline

IRS Accepts E-Filed Return By | Direct Deposit May Arrive By*

                Jan. 26 | Feb. 6

                Feb. 2 | Feb. 13

                Feb. 9 | Feb. 20

               Feb. 16 | Feb. 27

  Feb. 23       |       Mar. 6

               Mar. 2 | Mar. 13

       Mar. 9           |   Mar. 27

               Mar. 23 | Apr. 3

               Mar. 30 | Apr. 10

               Apr. 6 | Apr. 17

               Apr. 13 | Apr. 24

Refunds for EITC or CTC may be delayed as the IRS verifies eligibility.

Paper returns can take 3–4 weeks longer due to manual processing.

Can’t File by April 15?

If you need more time, filing Form 4868 grants an automatic extension until October 15, 2026. Keep in mind that any taxes owed must still be paid by April 15. Consulting a tax professional can ensure payments and filings are handled correctly, helping you avoid penalties.

End-of-Year Tax Tips for Tax Clients

• Review Available Credits and Deductions: Take advantage of opportunities to lower taxes owed.

• Consult a Professional: CPAs and enrolled agents can help you identify all eligible deductions and credits, especially after major life changes such as marriage, new children, retirement, or home purchases.

• File Early: E-filing provides faster processing and minimizes delays.

• Organize Your Documents: Keep W-2s, 1099s, mortgage statements, and other important tax documents ready for smooth filing.

Key Takeaways

• E-filing with direct deposit is the fastest way to receive a refund.

• Certain credits may cause minor delays in receiving refunds.

• Paper checks are no longer issued.

• Professional assistance helps ensure accuracy and may increase your refund.

By planning ahead and staying informed, taxpayers can navigate the 2026 tax season confidently and make the most of their refunds.