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Tuesday, April 17 marks the deadline to submit individual tax returns.
According to Business Insider, the average federal tax refund is $2,895. Texas clutches the highest average refund at $3,133, while Florida ranks the 10th highest at $2,877. To maximize your refund, TurboTax reports some of the most overlooked tax deductions are state sales taxes, earned income tax credit, refinancing mortgage points and moving expenses to take a new job.
In addition, the IRS is offering a Free File Software for those who earn $66,000 or less a year. Start pulling those receipts and good luck!
– Caylee Underwood, On 3 Public Relations