Research report Most People Receive Refunds at Tax Time
Elaine Maag, Elena Ramirez
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Taxpayers routinely have too much income tax withheld. Of the 126 million tax returns the IRS processed through April 17, 2015, almost three-quarters resulted in a refund. The average refund was $2,711 with higher average refunds going to the earliest filers.
Primary topic Individual Taxes
Research Area Tax administration (individual)