Why Your Tax Refund Could Be Higher This Year - Kiplinger

Mar 25, 2024 · in News. The latest IRS data show that the average federal tax refund is approximately $3,182. That’s more than $140 (5.1%) higher than it was at this time last year. But that doesn’t mean ...

CouponFollow Extension

1%
OFF

Why Your Tax Refund Could Be Higher This Year - Kiplinger

1 week from now

kiplinger.com

2%
OFF

Your Tax Refund Could Be Bigger This Year. Here's What To Do …

1 week from now

May 10, 2024 · As of late last month, the IRS had processed about 141 million returns and refunded roughly $261 billion to taxpayers, 2.2% more than at that time in 2023. Matt Schulz, …

usnews.com

10%
OFF

Your Tax Refund Could Be Bigger This Year. Here's Why. - Yahoo …

1 week from now

Jan 29, 2024 · The good news: People could see bigger refunds this year, with some potentially receiving 10% more than a year earlier, according to Mark Steber, chief tax information officer …

yahoo.com

10%
OFF

Your Tax Refund Could Be Bigger This Year – Here's Why

1 week from now

Feb 8, 2024 · But refunds are expected to be noticeably bigger in 2024, with some people receiving up to 10% more than they did last year, according to Mark Steber, chief tax …

foxbusiness.com

8%
OFF

Why Your Tax Refund Could Be Bigger This Year | Frum Speak

1 week from now

And this year, those refunds could be particularly generous. Through March 25, the average federal tax refund was $3,337, up 12.8% from the same period last year, according to the IRS. …

frumspeak.com

10%
OFF

Your Tax Refund Should Be 10% Bigger This Year — Here’s Why

1 week from now

Jan 26, 2024 · The bigger refund is because the IRS adjusted many of its provisions in 2023 for inflation, such as raising the standard deduction and increasing its tax brackets by 7.1%.

yahoo.com

$2852
OFF

Your Tax Refund Could Be Bigger This Year. Here's What To Do With It

1 week from now

May 12, 2024 · IRS figures show that the average taxpayer is getting a $2,852 refund, $75 more than last year. Experts generally advise putting the money toward debt and savings. Your tax …

latimes.com

$1395
OFF

Will Your IRS Refund Be Less This Year? - Kiplinger

1 week from now

Feb 20, 2024 · By Katelyn Washington. last updated 20 February 2024. in News. According to IRS data, the average tax refund was only $1,395 as of Feb. 2. At that same point last year, …

kiplinger.com

6%
OFF

Will Your Tax Refund Be Lower This Year? Plus 3 Other Refund …

1 week from now

Jan 29, 2024 · The IRS paid an average $3,167 refund last year, a 2.6% drop from the $3,252 average one year earlier. This year, it may be a different story. Last year's decline occurred …

morningstar.com

$265
OFF

How Your Big Tax Refund Could Actually Cost You Money - Kiplinger

1 week from now

Mar 14, 2024 · If you had stashed away that $265 each month instead of waiting until tax time for your refund, you could have hundreds more in the bank. (That's assuming you deposited the …

kiplinger.com

34%
OFF

How To Make The Most Of Your Tax Refund In 2022 - Kiplinger

1 week from now

Apr 16, 2022 · Variable credit card rates currently sit around 16.34%, and this is likely to increase based on the Fed’s interest rate raises throughout 2022. With that being said, using your tax …

kiplinger.com

0%
OFF

IRS Updates Capital Gains Tax Thresholds For 2025 - Kiplinger

1 week from now

Nov 7, 2024 · For 2025 (returns normally filed in early 2026), the long-term capital gains tax rates remain at 0%, 15%, and 20%, but the income thresholds have shifted. Remember that short …

kiplinger.com

FAQs about Why Your Tax Refund Could Be Higher This Year - Kiplinger Coupon?

Is the average tax refund higher this year?

The average tax refund amount is higher this year than last filing season. How does yours compare? The latest IRS data show that the average federal tax refund is approximately $3,182. That’s more than $140 (5.1%) higher than it was at this time last year. But that doesn’t mean everyone will get a bigger tax refund from the IRS this year. ...

Will you get a bigger tax refund this year?

The latest IRS data show that the average federal tax refund is approximately $3,182. That’s more than $140 (5.1%) higher than it was at this time last year. But that doesn’t mean everyone will get a bigger tax refund from the IRS this year. Here are some reasons your refund could be more — or less — than last year. ...

Why are tax refunds so big?

The bigger refunds are a silver lining of the inflation crisis that ravaged millions of households' finances last year. That's because the IRS annually adjusts the federal income tax bracket and standard deduction; in times of painfully high inflation, the increases are more significant and impactful for taxpayers. ...

Could owing the IRS make you richer?

While no one wants a high-income tax bill, owing the IRS just a little could put more money in your pocket. Here’s how much richer you could be if you kept your money throughout the year instead of receiving it back as a tax refund. According to the most recent IRS data, the average tax refund is $3,182 this month. ...

Are tax refunds lower this year than last?

Data show federal tax refunds are lower this year than last. Will you get less money back from the IRS in 2024? According to IRS data, the average tax refund was only $1,395 as of Feb. 2. At that same point last year, tax refunds averaged $1,963. That’s an almost 29% ($568) difference. ...

How much is the average taxpayer getting a tax refund?

(AP Photo/Lynne Sladky, File) NEW YORK (AP) — The average taxpayer is getting a $2,852 refund, $75 more than last year, based on the most recent IRS data. So what should you do with that money? ...