If you're someone who doesn't rush to file your taxes, you're not alone. Nearly 1 in 4 Americans say they wait until the last minute to file, according to a 2025 survey by IPX1031, a financial services firm.
But there are practical reasons to consider filing early, starting Jan. 26, when the Internal Revenue Service opens the federal tax filing season.
And this year, timing could matter more than usual, as IRS staffing cuts have added operational strain, according to the National Taxpayer Advocate Service, an independent watchdog within the IRS.
Here are four reasons tax experts say filing well ahead of the April 15 deadline may be worth considering, plus one reason why you might want to wait. While these are general guidelines, you may want to consult a tax professional to determine what's right for you.
One of the most straightforward reasons to file early is speed. Most refunds for electronically filed returns are issued within about 21 days of acceptance if you choose direct deposit, the fastest method for receiving funds. If you file a paper return or receive your refund by mail, expect it to take at least six to eight weeks, per the IRS.
