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Tax Season Begins: New Deductions and Deadlines Ahead

2/15/2026

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Summary

Story summary

Tax season in the United States begins with the April 15 filing deadline.
Taxpayers should gather documents and consider new deductions from the Republican tax bill, including no tax on qualified tips and higher state and local tax (SALT) caps, and use direct deposit for refunds.
The standard deduction is now $15,750 for single filers and $31,500 for married couples filing jointly.
The Child Tax Credit remains at $2,200 per child.

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Story summary

Tax season in the United States begins with the April 15 filing deadline.
Taxpayers should gather documents and consider new deductions from the Republican tax bill, including no tax on qualified tips and higher state and local tax (SALT) caps, and use direct deposit for refunds.
The standard deduction is now $15,750 for single filers and $31,500 for married couples filing jointly.
The Child Tax Credit remains at $2,200 per child.