The IRS is also reminding taxpayers that income earned through part-time work, gig jobs or online sales is taxable. Payment card companies issue Form 1099-K for any amount, while payment apps and online marketplaces issue the form when payments exceed $20,000 and more than 200 transactions in a year.

Now that 2026 is in motion, millions of Americans can look forward to one of the most dreaded times of the year: tax season.

The countdown is on as early taxpayers await for the start of filing season Jan. 26, but there are some changes this year that experts say people should keep in mind to receive a fast, full refund.