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Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.
Through Feb. 21, the latest date currently available on the IRS website, the agency has issued 29,615,000 refunds, roughly 2.3% more than the 28,945,000 that had been issued by this time last year. The average refund amount through Feb. 21 was $3,453, roughly 7.5% higher than the average refund of $3,213 at that time last year.
“Another option with your tax refund is a donation,” she suggested. “You could donate to a local charity or a charity of your favorite kind and that in the end will be a tax write off for you the following year on your tax return and of course it’s giving back to the community.”
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