Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.
While the Internal Revenue Service has a one-stop shop for checking your tax refund status, each state has a different tool to determine your state income tax ref
Getting a big tax refund can feel great in the moment, but it's actually a bad sign if you receive a big tax refund every year -- here's why.
In a high-yield savings account, you'll also earn interest on your tax refund, even if it's the only financial contribution you make all year. While annual percentage yields vary depending on the bank, you'll still earn more interest than with a traditional savings account that only pays pennies on your balance.
If you e-filed your return, you can expect to see status updates roughly 24 hours after submitting it. If you e-file a prior year’s return, your status will update within three-to-four days. If you submitted a paper return, it can take four weeks before your status is available.
Through Feb. 21, the latest date currently available on the IRS website, the agency has issued 29,615,000 refunds, roughly 2.3% more than the 28,945,000 that had been issued by this time last year. The average refund amount through Feb. 21 was $3,453, roughly 7.5% higher than the average refund of $3,213 at that time last year.
A large tax refund may seem like a financial windfall, but is it the smartest way to manage your money? Find Out: 6 Reasons Your Tax Refund Will Be Higher in 2025 Be Aware: 3 Sneaky Things You
The average tax refund could bring you a few thousand dollars this year. Here's how much it could earn in a CD.
The IRS just released its “dirty dozen,” an annual list of the top 12 ways tax filers could get ripped off. It also lists common mistakes to avoid making when filing taxes.