Tax Refund on the Rise: Americans Anticipate Larger Returns
Tax Refund on the Rise: Americans Anticipate Potential Boost in Wallets
As tax season approaches, Americans are eager to learn what it means for their wallets. The good news is that the average tax refund has been going up in recent years, and the trend continues according to the IRS. This means more unexpected money might be heading your way this tax season. The average tax refund as of late February is $3,213, which is 4.3% higher than last year. Some states typically see higher averages than others. For example, Wyoming, Massachusetts, Florida and Washington, D.C. had the largest average refunds while Maine, West Virginia and Vermont had the smallest. Though exact numbers might change slightly, the pattern usually stays similar.
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Maximizing Your Tax Refund: Exploring Travel Options for Every Budget
Everyone uses their tax refund differently. Some pay off debt, others save it and some treat themselves to a trip. If you are looking to travel with your refund, there are great options available. Websites like Going.com and Skyscanner.com can help you find last-minute vacation deals. So, even if your refund is not huge, it might still take you far.
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