Yes, the IRS is sending out tax refunds in 2025, but they are heavily pushing to phase out paper checks, with a major push towards electronic payments by September 30, 2025. For the 2025 filing season (tax year 2024), most refunds are expected to be issued within 21 days for electronically filed returns with direct deposit.
During the 2025 tax filing season, the IRS issued more than 93.5 million tax refunds to individual income tax filers, and 93% of those, almost 87 million refunds, were issued through direct deposit.
For 2025 tax refunds (filed in 2026), expect e-filed returns with direct deposit in about 21 days, while paper returns take 4-8 weeks, though EITC/ACTC refunds are delayed until mid-February by law. Use the IRS "Where's My Refund?" tool for the most accurate status, needing your SSN, filing status, and refund amount.
Effective 2025 through 2028, individuals age 65 and older may claim an additional $6,000 deduction. This is in addition to the standard deduction for seniors available under existing law. Applies per eligible individual (or $12,000 for a married couple if both spouses qualify).
No, the IRS is not currently sending out new $1400 stimulus checks in 2026, but they did wrap up sending out final automatic payments for unclaimed 2021 Recovery Rebate Credits in late 2024/early 2025, with the deadline to claim these missed payments passing on April 15, 2025; new checks would require new Congressional action, and any texts about current stimulus payments are scams, say FOX 5 DC, CNBC, and IRS.gov.
Stimulus payments
Single taxpayers with an adjusted gross income (AGI) of $75,000 or below. Taxpayers filing as heads of household with AGIs of $112,500 or below. Married couples filing jointly with AGIs of $150,000 or below.
"There is no penalty for failure to file if a refund is due. However, a return claiming a refund must be filed within three years of its due date for a refund to be allowed," the IRS noted, meaning that the last day to claim the money is April 15, 2025.
Rumors of a universal $ 3000 check from the IRS have gained traction on social media, but these claims are not true. As of 2025, there is no federal program authorizing a new $ 3000 stimulus, rebate, or automatic payment to all Americans.
Under the new income tax regime for 2025-26, any taxable income up to ₹12,00,000 attracts a full rebate of ₹60,000 (under Section 87A), resulting in a nil tax liability.
The One Big Beautiful Bill Act (OBBBA) or the Big Beautiful Bill (P.L. 119-21), is a U.S. federal statute passed by the 119th United States Congress containing tax and spending policies that form the core of President Donald Trump's second-term agenda. The bill was signed into law by Trump on July 4, 2025.
You can claim a GST refund in the following situations, when additional tax is paid or deposited due to errors or omissions. When dealers and deemed export goods or services are subject to refund or refund. Refunds can also be made for purchases made by UN agencies or embassies.
You should receive your tax refund from the IRS within 21 days after acceptance. If you have not received it by this time, contact the IRS for assistance.
For AY 2025–26, which relates to FY 2024–25, the department has time until December 31, 2026. With over 90% of verified returns already processed, the current backlog remains within the legally permitted timeline.
The IRS issues most electronic tax refunds within 21 days of e-filing, with direct deposit being the fastest method, but some returns take longer due to errors, identity theft, or extra review. Check your specific status using the IRS's "Where's My Refund?" tool or phone line for personalized dates, but expect a few extra days after the "sent" date for your bank to post funds.
A new deduction for qualifying overtime pay is now available, effective in the 2025 tax year. You can deduct up to $12,500 if you're a single filer or up to $25,000 if you're married filing jointly. The deduction begins to phase out once your MAGI hits $150,000 for single filers or $300,000 for joint filers.
Some of the major tax changes effective from April 1, 2025, are revised tax slabs, rebate of up to Rs. 60,000, revised ITRU deadlines, calculation of partner's remuneration allowable as a deduction and revised TDS/TCS threshold limits.
You likely received $1400 from the IRS today as a supplemental payment for the 2021 Economic Impact Payment (EIP3), specifically the Recovery Rebate Credit, for people who missed it by not claiming it or leaving it blank on their 2021 tax return. These are "plus-up" payments for those eligible for the third stimulus but didn't get the full amount, often for dependents or due to income changes, with a deadline to claim it by April 2025 by filing a 2021 return if you hadn't already.
If you haven't received your third stimulus check by mail, you must file a 2021 tax return by April 15, 2025, to claim the Recovery Rebate Credit. Since this is the last year to file a 2021 tax return, you must mail it to the IRS. You cannot file electronically.
If the adjusted gross income (AGI) is not more than: $150,000 if married and filing a joint return or if filing as a qualifying widow or widower; $112,500 if filing as head of household or; or. $75,000 for eligible individuals using any other filing status.
While speculation about a fourth stimulus check has surfaced on social media and unverified websites, there has been no official confirmation from Congress or the IRS to support this claim and any such news should be taken with caution as it could be misinformation or attempted fraud.