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The Economic Times

Economy / The Economic Times

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New IRS rule may delay tax refunds for weekswhat filers can do to prevent a freeze

Many taxpayers may face refund delays this tax season because the IRS is changing how it sends money. Direct deposit is now the main method, and paper checks are being stopped. If bank details are missing or wrong, refunds can get frozen for weeks. To avoid delays, taxpayers should give correct bank information and check their IRS account regularly.

19 Feb 2026 5:53 pm