2024 Tax Refunds Smaller. According to the internal revenue service (irs), the average tax refund issued through february 2, 2024, was $1,395, compared to the average refund of. January 29, 2024 / 11:49 am est / cbs news.
A december survey of 2,500 adults by company taxact found that a quarter of taxpayers said they think they’ll get a smaller refund in 2024 (for their 2023 tax return). In case you missed it, a $5 trillion tax hike looms over american households and businesses in president joe biden’s latest budget proposal, which.
The Idea Of A Smaller Tax Refund May Be Upsetting.
By shakari briggs, staff writerfeb 15, 2024.
In A Time Of High Inflation And High Interest Rates, Refunds For Taxpayers Are On Average 10% Smaller This Year Compared With Last.
For most tax filers, april 15 was the final day to submit tax returns.
January 29, 2024 / 11:49 Am Est / Cbs News.
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According To This Report, The Average 2024 Tax Refund Is $1,395 — About 29% Smaller Than The Average Refund Last Year.
The irs says that tax returns can be delayed for the following reasons:
In A Time Of High Inflation And High Interest Rates, Refunds For Taxpayers Are On Average 10% Smaller This Year Compared With Last.
But one thing you should realize is that a smaller refund means you let the irs hang onto less of your money in 2023.
Your Tax Refund May Look Smaller This Year — Here’s Why.