It's Tax Day. And your refund may be big this year
We Are Iowa Local 5 News We Are Iowa Local 5 News
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 Published On Apr 15, 2024

On this Tax Day, refunds are looking a bit bigger for taxpayers.

According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year. Two out of three taxpayers expect to receive a refund.

The IRS is promoting the customer service improvements the agency rolled out since receiving tens of billions in new funding dollars through Democrats' Inflation Reduction Act. Getting refunds out faster — to some people in just over a week — is part of the promotion.

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