According to IRS data, the average tax refund was $3,151 for the 2025 tax filing season. A recent Piper Sandler analysis, shared by CBS News, projected that the average tax refund would increase by about $1,000 per person. This means that the average refund could reach $4,151. The IRS opened the 2025 tax season on Jan. 27, 2025, but has not yet announced when the 2026 season will open, as this information isn’t available until January. While you can’t file your 2025 taxes until the IRS announces the sched ...

KEY TAKEAWAYS Taxpayers using the IRS Free File can submit their 2025 tax return now, and the IRS will begin processing tax returns on Jan. 26.All W-2 and 1099 forms reporting income will be sent by Feb. 2.Taxpayers have until April 1 to file their taxes or request an extension. The 2026 tax filing season starts next week. Here are the key dates you need to know. During this filing season, taxpayers will need to use the newly created Schedule 1-A to take advantage of the new tax deductions and credits ...

WASHINGTON (AP) — Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the IRS’ independent watchdog, have warned that this year's filing season could be hampered by the loss of tens of thousands of tax collection workers who left the agency through planned layoffs and buyouts spurred by Elon Musk's Department of Government Efficiency. The IRS will also be responsibl ...