PHOENIX (FOX 10) – The Internal Revenue Service (IRS) reports that 10% of all households have already filed their taxes, and for those who have not, they may not want to count on a large refund.
According to the IRS, The average refund that has been paid so far has been $ 1865 this fiscal season. That is a decrease of 8.4% compared to the average refund of $ 2,035 last year. In fact, some filers who have always received a refund may be due to the IRS this year.
With this year's tax, people have in a sense already received their refund, in the form of a higher salary in recent months that may not be noticed.
"This time no happy camper, maybe next year," said Debra Angelocos, who received the news from her tax expert on Monday morning.
"I get a thousand dollars less than last year," said Angelocos.
"Many taxpayers thought they would get a larger refund with all the changes, which they did respectfully, but they paid the payday on payday since March last year, so maybe they did not see that little lift coming home," says Linda Reader, H & R Block Tax Agent.
Reader says she knows a lot of families are counting on it and is looking forward to that larger refund, and is disappointed when the figures for this year are not correct.
"We already have plans for the money," said Reader. "Planned improvements, planned holidays, and I have fully connected with that."
Reader says that there are changes that affect the size of your return, and the best way to avoid surprises in the future is to plan ahead.
"Now let's look at your W-4, because this is February and we can make those adjustments so that we do not have the same conversation next February," said Reader. She went on to say that changes in the standard deductions and various deductions this year can also change much of the bottom line of people.
IRS information about tax reform and its impact on individuals and families