Summary
The IRS reports that the 2026 tax filing season is going smoothly, with most refunds being issued quickly through electronic filing and direct deposit. The filing deadline is April 15, and the IRS encourages taxpayers to file electronically and request an extension if necessary to avoid penalties.
Key Facts
- The IRS reports that more than 80% of refunds have been issued in under 21 days.
- Over 98% of individual tax returns are filed electronically.
- The deadline for filing a federal income tax return is April 15.
- Taxpayers can request an extension to file, but taxes owed are still due by April 15.
- Missing or incorrect banking details on tax returns can slow refund payments.
- Taxpayers can track their refund status using the "Where’s My Refund?" tool on the IRS website.
- Filing electronically and choosing direct deposit is the fastest way to receive a refund.