WebApr 12, 2024 · The 90 million taxpayers who have filed as of March 31 got refunds that were an average of nearly 10% less than last year, in part due to pandemic relief programs expiring. The filing deadline for most taxpayers is Tuesday. The average refund is $2,910, down from $3,226, a difference of more than $300, according to the most recent IRS data . WebApr 6, 2024 · One reason for the smaller average tax refunds is that 2024 did not include the type of economic stimulus seen in 2024 and 2024. Although Americans were able to obtain the expanded child tax credit and stimulus checks prior to tax season, many could claim …
Tax refunds may be smaller this year. How to ensure you get every …
Web4 hours ago · Why might my refund be smaller this year? "Refunds may be smaller in 2024," the IRS said in a November release. "Taxpayers will not receive an additional stimulus payment with a 2024 tax refund ... WebJan 27, 2024 · By Nik Popli. January 27, 2024 11:07 AM EST. M any Americans will be getting a smaller tax refund this year as the tax credits offered as pandemic relief have reverted back to pre-pandemic levels ... build a house volunteer non profit
Americans’ Tax Refunds Are 14 Percent Smaller This Year, Latest …
WebFeb 10, 2024 · Advertisement. John Prugh of Ewing Township, N.J., was irate when he completed his 2024 tax return this month and discovered his refund would be $3,000 less than what he received last year. Prugh ... WebJan 13, 2024 · Taxpayers may also see reduced refunds this year because of the end of Covid relief stimulus payments, also known as economic impact payments. The third and final payment, of $1,400, went out to ... Web2 days ago · It could be smaller than last year. And with inflation still high, that money won’t go as far as it did a year ago. The 90 million taxpayers who have filed as of March 31 got refunds that were an average of nearly 10% less than last year, in part due to pandemic … cross stitch gold magazine back issues