Last year the average federal tax refund was $2,700. What are you planning to do with yours? “The perception is that people get a refund and buy a high definition TV, but the reality is that people are using refunds to pay down debt, buy necessities, or save,” says Bob Meighan, lead CPA with Intuit’s Turbo Tax’s American Tax And Financial Center.
Last year the average federal tax refund was $2,700. What are you planning to do with yours? “The perception is that people get a refund and buy a high definition TV, but the reality is that people are using refunds to pay down debt, buy necessities, or save,” says Bob Meighan, lead CPA with Intuit’s Turbo Tax’s American Tax And Financial Center.