This year, the IRS had received about 76 million individual tax returns through March 19 and has issued nearly 50 million refunds. The average refund size so far is $2,929.
Across the board, nearly half of Americans plan to save at least some of their refund check, according to a survey from NORC at the University of Chicago that polled 1,076 adults online and over the phone between Feb. 25 and March 1. The survey allowed users to select multiple options for what they planned to do with their refund.
Another 35% said they d use some of the money for bills and expenses, and 32% said some of it would go to pay down debt.
How People Plan to Use Their 2020 Tax Refunds Varies Greatly by Income nbcdfw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcdfw.com Daily Mail and Mail on Sunday newspapers.
One-Third of Americans Don't Know Whether They'll Get a Tax Refund Or Owe the IRS This Year nbcmiami.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcmiami.com Daily Mail and Mail on Sunday newspapers.
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At 1 a.m., the first alarm goes off. Blanca Lopez shakes off the sleep. For the last eight months, she’s been telling herself the same thing.
“I need to hustle. I’m so young, I need to make this money.”
For the record:
9:35 AM, Mar. 17, 2021An earlier version of this story said confetti appears on the Robinhood app whenever a user makes a transaction. It appears only on the first trade.
The 23-year-old South L.A. native, a case manager for a senior home, reaches for her iPhone and opens up Webull, an investing app that has surged in popularity since January. The app enables her to buy and sell stocks 5½ hours before the market opens for regular trading.
'The stock market is the only option to grow your money': Why new investors bought stock during the pandemic yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.