Early Data Indicates Potential Increase in Tax Refunds for 2024

Tuesday, 27 February 2024, 16:12

The latest data from the Internal Revenue Service reveals a promising trend towards higher tax refunds in 2024. Compared to the previous year, early figures suggest an average increase of 2% in refund amounts. This projection hints at a positive outcome for taxpayers awaiting their refunds, signaling potentially larger sums in the upcoming tax season.

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2024 Tax Refund Update:

Refunds are so far coming in 2% bigger than last year, according to early data from the Internal Revenue Service.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.