In 2026, tax refunds could be larger due to changes in key tax rules from 2025. New deductions for tip income, overtime pay, car loan interest, and a tax break for those 65 and older add complexity. Taxpayers must file a new Schedule 1-A to claim these deductions, but the IRS will no longer issue refunds by paper check. Refunds could be delayed if banking information is missing from the tax return. Tax season, expected to start in late January or early February, may see delays due to recent job cuts and leadership turnover at the IRS.

Read more at Yahoo Finance: Tax refunds could be up. When will the IRS accept returns in 2026?