Tuesday, February 10, 2026 – From the child tax credit to paperless refunds: what to know about this year’s tax returns

Millions of Americans will get a bigger tax refunds this year thanks to an array of new tax breaks, including a larger standard deduction and a child tax credit for those eligible. There is also the elimination for taxes on tips and a larger deduction for elders. But there are some things to look out for, including the move away from paper checks, which will require some additional work for those without traditional bank accounts, and a sizable reduction in the IRS staff, which could make for a more difficult time getting answers if you need help.