During the 2026 tax filing season, the Internal Revenue Service reported a smooth process and rapid refunds. By March 20, more than 80 % of refunds were issued in fewer than 21 days, with an average refund of $3,571. Over 98 % of refunds were delivered electronically via direct deposit, and the same proportion of returns were filed electronically. Total refunds exceeded $202 billion, up over 10 % from the previous year. The IRS urges taxpayers to provide bank details when filing to speed processing. Taxpayers who receive a CP53E notice for missing or invalid banking information can update their details online, or request a paper check if they lack a bank account.
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