Every year, as the tax refund season arrives in the United States, many consumers are set to receive a significant tax refund. This is an ideal time to make large purchases or save for future expenses. For those planning to purchase an electric bike, the tax refund season not only helps reduce the cost of the bike but also allows consumers to take advantage of various government subsidies, retailer promotions, and tax refund discounts to save even more.
2026 Tax Refund Season Overview
Start and End Dates of the Tax Refund Season
The U.S. tax season for 2026 began on January 26 and will run until April 15. During this period, the IRS (Internal Revenue Service) processes and issues tax refunds. Most Americans file their tax returns during this time and start receiving their refunds.
Changes to Tax Refunds in 2026
According to Executive Order 14247, starting from September 30, 2025, the U.S. Department of the Treasury will stop issuing paper checks for all federal payments, including government payments, benefits, vendor payments, and tax refunds, unless exceptions are made. The Treasury Secretary will review and revise the process as necessary, allowing exceptions in specific situations where electronic payment methods are not feasible, such as:
1. Individuals without bank accounts or those unable to use electronic payment systems.
2. Certain emergency payments where using electronic methods would cause unnecessary difficulties.
3. Transactions related to national security or law enforcement that require or prefer non-electronic payments (EFT).
4. Other circumstances determined by the Treasury Secretary, which will be outlined through regulations or other guidance.
For those who meet these exceptions, alternative payment options will be provided to ensure they continue to receive their refunds.
Three Online Channels for Tax Refund Inquiry
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Where’s My Refund?: This online tool provided by the IRS allows taxpayers to check the status of their refund.
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IRS2Go app: This is the official mobile application from the IRS that provides an easy way to check refund status, make tax payments, and access other tax services.
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IRS Individual Online Account: The IRS provides individual accounts for taxpayers to log in and view their tax information, including refund status and unpaid taxes.
Refund Differences Among Different Groups
The tax refund amount may vary for different income groups and family types. For example, low-income households may receive additional financial support through certain government subsidies, and families with children may be eligible for higher refund amounts. If your child qualifies and your tax liability is high enough, the CTC can offset up to $2,200 per child, as detailed in the Child Tax Credit. This means that consumers can maximize the use of their tax refund funds based on their individual circumstances for better financial planning.
Can Foreigners Get Tax Refunds in the U.S.?
Foreigners can apply for tax refunds in the U.S., but only under specific circumstances:
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Non-resident foreigners with U.S. income.
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Foreign students and scholars (J-1, F-1 visa holders) who have had excessive tax withholding on their U.S. income may also be eligible for a refund.
As a tourist, it's important to note that the U.S. does not participate in VAT refunds. This means that even if you leave the U.S. with purchased goods, U.S. Customs and Border Protection (CBP) officers are not responsible for processing VAT refund forms.
How to Use Tax Refund Funds to Purchase an Electric Bike
1. Installment Payment Options: Reducing the Purchase Burden
If your tax refund isn’t enough to pay for the full amount of an electric bike, you can choose to pay in installments. Many e-bike retailers and e-commerce platforms offer installment payment options, with services like Shop Pay and Klarna typically offering 3 to 12-month installment plans. Often, these plans come with 0% interest, allowing you to gradually pay off the bike with your refund funds as they arrive, easing the financial pressure and preventing you from paying too much upfront.
2. Using Credit Card Points or Rewards: Further Reduce the Cost
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Utilize credit card points or rewards: If you have credit card points or rewards, you can use them to further reduce the purchase price of your electric bike. Many credit card companies allow you to redeem points for gift cards, cashback, or even direct deductions from your purchase. By combining your tax refund with credit card rewards, you can secure additional discounts and reduce the overall cost of the bike.
3. Take Advantage of Additional Discounts
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Spring Promotions: The tax refund season typically coincides with spring, when many retailers launch spring promotions, especially on items related to spring cycling. For example, Macfox will offer seasonal discounts, free shipping, and other deals during this time. By combining tax refunds with retailer spring promotions, you can secure an even better deal on your electric bike.
By combining installment payments, credit card rewards, and spring discounts, consumers can effectively use their tax refunds to lower the cost of purchasing an electric bike and get the best value.
How to Avoid Common Mistakes During Tax Refund Season
Myth: You must pay taxes to get a refund.
Fact: Many people believe you can only receive a tax refund after you’ve paid taxes. In reality, even if you don’t owe taxes, you may still qualify for a refund if you’ve overpaid taxes in advance (for example, through tax withholding).
Myth: You can get your refund immediately.
Fact: Refunds are not automatically issued. Although most people receive refunds 2-3 weeks after filing electronically, this depends on the IRS’s processing speed, the filing method, and whether there are any errors or audits.
Myth: Small income doesn’t need to be reported.
Fact: Even if you have minimal or part-time income, you are required to report it. Failing to report all income, even small amounts, could lead to IRS scrutiny and additional fines or interest.
Myth: All refunds will automatically go into your bank account.
Fact: If you chose direct deposit, your refund will be automatically transferred to your account. However, if you opted for a check refund, it will be mailed, which could take longer.
Myth: Refunds won’t be impacted by other government loans or debts.
Fact: If you have outstanding government debts or student loans, your refund may be used to offset these debts. If you owe money to the IRS or other federal agencies, your refund could be used to pay them off.
Maximize Savings During the 2026 Tax Refund Season
The 2026 U.S. tax refund season is the perfect time to purchase an electric bike. By understanding tax refund policies, choosing the right electric bike, utilizing retailer discounts and government subsidies, consumers can save significantly on the cost of the bike. Maximize the opportunities during tax refund season to not only save money but also enjoy an eco-friendly and healthy way of commuting.
source https://macfoxbike.com/blogs/news/u-s-tax-refund-season-tips-every-one-should-know
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