8 out of 10 people will receive Tax Refunds






Each year,  people complain about filing their taxes and dreading to get the paperworks ready.  But did you know that 8 out of 10 Americans will get tax refunds?  The average tax refund is roughly $2,800, according to the most recent IRS data.

For low income tax filers, a large portion of their refund is due to the Earned Income Credit (EIC Credit) and child tax credit.

For high income tax filers, a large portion of their refund is due to mortgage interest, real estate taxes and charitable contributions that make them eligible for more tax breaks.

Are you expecting to get a refund this year?

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