Taxpayers Are Getting Higher Refunds To Start the 2026 Filing Season
Investopedia·2026-02-19 01:00
KEY TAKEAWAYS The "One Big, Beautiful Bill" is expected to lower the amount owed and increase refunds for 2025 taxes, which are filed in 2026.Preliminary data on the 2026 filing season show tax refunds are higher than at the same time last year.The IRS is falling behind on processing tax returns compared to the 2025 filing season. Tax refunds so far this filing season are higher than last year. The "One Big, Beautiful Bill," passed in July, made more than 100 changes that impact 2025 taxes, which are f ...