Money

When Does Tax Season Start in 2026? IRS Deadlines to Know

Tax season is fast approaching, with the IRS announcing that tax season for 2026 will kick off on January 26. While filing taxes may not be the most exciting task, there are some reasons why you might want to get a head start this year.

It’s important to note that the tax season starting on January 26 is for the 2025 tax year. This means that you’ll be reporting and paying taxes on income earned from January 1 to December 31 of the previous year. The IRS reported that over 60% of taxpayers received a refund in 2025, and with tax cuts introduced by the One Big Beautiful Bill Act, there could be even bigger refunds this year. The average refund was $3,167 last year, and the Tax Foundation estimates that the new deductions could add an extra $1,000 to the average refund.

Even if you don’t itemize your taxes, you could still see a larger refund this year. The IRS has introduced a new Schedule 1-A, which allows taxpayers to claim new deductions like the additional $6,000 deduction for seniors.

The deadline to file taxes for the 2025 tax year is April 15, but it’s recommended not to wait until the last minute. Filing early means you’ll receive any refund sooner and have more time to seek assistance if needed. If you require more time to file, you can request an extension using IRS Form 4868, which extends the deadline to October 15. However, it’s important to note that an extension to file does not extend the deadline to pay any taxes owed.

After filing your taxes, you can track the status of your refund using the IRS’s “Where’s My Refund?” online tool or mobile app. This will require your Social Security or taxpayer ID number, filing status, and the exact amount of your refund.

While the IRS eliminated its free Direct File program, there are still options available for some taxpayers to file for free. Those who earned $89,000 or less last year can use the IRS’s Free File program, which provides free guided tax preparation in partnership with for-profit tax prep companies. Additionally, if you typically receive a paper check for your refund, the IRS has begun phasing out paper checks in favor of direct deposit.

As tax season approaches, it’s essential to start preparing early to ensure a smooth filing process. By taking advantage of available resources and staying informed about new deductions and changes, you can maximize your refund and avoid any last-minute stress.

Related Articles

Back to top button