Tax Day is just one week away, prompting NBC’s Christine Romans to share essential last-minute tips for filers preparing their returns for the 2026 season [1]. Romans highlights that there are new changes to deductions and credits this year, which could significantly impact individual tax returns. Filers are advised to review all available deductions and credits, as expanded credits and new deductions may apply depending on their income bracket [1].
The size of average refunds is expected to vary, with some taxpayers seeing larger refunds due to adjustments in credits, while others may receive smaller amounts based on how the new tax changes affect their circumstances [1]. Romans recommends checking the IRS website or tax software for updated refund figures. Accuracy is crucial: common errors such as incorrect Social Security numbers, missing signatures, and mismatched income figures can delay processing [1].
Electronic filing is encouraged for faster processing and direct deposit, especially as the IRS faces a high volume of filings near the deadline. Paper returns may take longer to process [1]. For those who owe money and cannot pay by the deadline, Romans suggests applying for a payment plan with the IRS to avoid additional penalties and interest. The IRS offers short-term extensions and installment agreements [1].
Romans also warns about tax scams targeting last-minute filers, advising taxpayers not to provide personal information to unsolicited calls or emails claiming to be from the IRS and to use secure, reputable filing services [1]. She emphasizes, "The most important thing is to file on time, even if you can’t pay in full. Filing late can result in larger penalties than simply owing money" [1]. For further guidance, taxpayers are encouraged to consult a tax professional or visit the IRS website for resources tailored to this filing season [1].
CONCLUSION
With Tax Day only a week away, taxpayers should prioritize accuracy and timely filing, taking advantage of new deductions and credits for 2026. Electronic filing and vigilance against scams are key to a smooth process. Filing on time, even without full payment, helps avoid larger penalties, and IRS resources are available for those needing assistance.