The Economic Times

Wheres my refund? Why 2026 U.S. tax filers could see up to 30% higher refunds as new IRS tax breaks take full effect

The IRS officially opened 2026 tax filing on January 26. Experts predict a 30% refund surge due to the Working Families Tax Cuts Act. New federal breaks for seniors, families, and hourly workers are now active. Average payouts may exceed $4,000 this year. Use the Wheres My Refund? tool on IRS.gov to track your status. File electronically with direct deposit for the fastest processing.