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IRS: Federal tax refunds are averaging about 11% smaller this year

Des Moines, IA- Iowans who are getting a federal tax refund this year should expect a smaller check than last year. IRS Spokesperson Michael Devine tells Radio Iowa that, "About 11% less per tax return," Devine says, "and that's because many of the credits that were pumped up during COVID have returned to their 2019 levels." If you haven't filed a tax return, Devine recommends Iowans to file electronically. "E-file is the fastest and safest and absolutely the most accurate way to do your return, because the software doesn't make an arithmetic mistake," he says. "It doesn't put the wrong number on the wrong line." Devine says that, if you're due to receive a refund, e-filing is the fastest way to get what you're owed. "When you e-file your return and use direct deposit, so the money goes right into your bank account, you get your tax return processed faster," he says. The deadline to file a 2022 federal retu

April 18 tax deadline inching closer

WASHINGTON - Federal income tax returns are expected to be lower than last year. "About 11 percent less per tax return," IRS spokesman Michael Devine .

The IRS says Iowans refund checks are more skimpy this year

The IRS says Iowans refund checks are more skimpy this year
radioiowa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radioiowa.com Daily Mail and Mail on Sunday newspapers.

April 18 tax deadline inching closer

WASHINGTON - Federal income tax returns are expected to be lower than last year. "About 11 percent less per tax return," IRS spokesman Michael Devine .

Many myths surround tax season

Many myths surround tax season
680kfeq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 680kfeq.com Daily Mail and Mail on Sunday newspapers.

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