Money could hit your bank account Friday and you don't have to do anything. In fact, this will be the fourth time it's happened in 2020, and you have your kids to thank.
Usually, it takes two weeks to see your tax refund show up in your account, but this year it could take two months! Why in the world is it taking so long?
If you're thinking about filing your taxes early, you're not alone. The first date you can send in your tax return is coming up next week, and with holiday bills to pay off, more people than ever will be jumping on it. If you file next week, you can expect your refund in early February.
With all of the tax law changes we've been waiting to see how that impacts refunds this year, and out of the 53 million refunds issued so far, the average refund is a few dollars higher than last year. What people are spending refunds on may surprise you!
The average tax refund this year will be about $3000, and that might make for a really nice shopping spree. But the most popular choice for using that wad of cash is the one you probably least expect.
Tax refunds are fun money, right? It depends on how you define "fun." It might surprise you what most people are planning to do with the tax refund this year.
And if you're still looking for free tax help in Boise, this is where you can find it.
Despite stories about delays with refunds this year, most of the experts seem to think you'll get your tax refund within 21 days of the time you file. And if taxes stress you out, you may be able to get some free help in Boise.