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Saturday, February 7, 2026 at 3:59 AM
TriCity Insurance Agency

Tax season is here — and you will now keep more of what you earn

UNITED STATES HOUSE OF REPRESENTATIVES / From the desk of Tom Cole

Oklahomans, it is officially tax filing season. As a fellow American who has gone through the daunting task of filing my taxes year after year, I know how dreadful this can be. However, this year, Republicans and President Trump hope to have turned this dread into relief.

Through the Working Families Tax Cuts, also known as the One Big Beautiful Bill, we simplified the tax code for 91% of taxpayers by boosting the Standard Deduction and ending the Democrats’ unlawful Direct File design.

As a result, families will not pay any taxes on the first $31,500 they make — a large jump from not paying on only the first $13,000 you made under President Obama — and individuals will not pay any taxes on the first $15,750 he or she made. On top of that, our work to lock in the standard deduction will save the American people not only money, but also time. In fact, about 210 million hours per year in paperwork will be saved and $13 billion in compliance costs annually.

But what does this mean for you, the average American taxpayer? Bottom line, it means the largest tax cuts in history. Since these cuts are retroactive to 2025, the average refund is projected to increase by $1,000 with a total of $91 billion in additional refunds being returned to the American people this spring. In 2026 as a whole, the average taxpayer is expected to see nearly $4,000 in total tax savings.

This is truly historic. So, on top of that good news, I want to provide you with some information, tips, and resources to ensure you are wellprepared for this tax filing season.

First, it is critical to file your tax returns on or before Wednesday, April 15 to avoid late penalties and interest. For a step-by-step guide on how to file your taxes, go online to https://www.irs.gov/how-to-fileyour- taxes-step-by-step. Then, after filing, you can check the status of your refund at https://www.irs.gov/wheres-my-refund.

However, if for any reason you do need more time to file, you can request an extension. This must be done by the April tax filing due date. You can request an extension at https://www.irs.gov/filing/get-an-extension- to-file-your-tax-return.

It is also important to note that members of the military and veterans have special tax situations and benefits. To find information on military tax benefits, go to https://www.irs.gov/individuals/military.

Students and parents also have special tax situations and benefits. For students, go online to https://www.irs.gov/individuals/students, and for parents, https://www.irs.gov/individuals/parents.

Another important group that has special tax situations and benefits are seniors. Learn more at https://www.irs.gov/individuals/seniorsretirees.

Taxpayers who have a disability, are limited in their English-speaking ability, are 60 years or older, or who generally make $69,000 or less should know they are eligible to receive free tax prep help from an IRS approved volunteer. For more information on this, go to https://www. irs.gov/individuals/free-tax-return-preparation-for-qualifying-taxpayers.

If you need any additional information, visit the IRS website, and if you are having any trouble contacting the IRS directly, my staff and I are ready to help. Please call my Norman office at 405-329-6500 with your questions. We are happy to help — and I look forward to seeing you keep more of what you earn.

U.S. Congressman Tom Cole


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