Deadline to file taxes is quickly approaching

Created: 03/07/2014 6:21 AM WHEC.com

The deadline to file your taxes is closing in but already about 40-percent of Americans have filed their returns and refunds are up.
The IRS says that the average tax refund is up three-percent so far this year to just over $3,000. If your refund is direct deposited, the average refund is slightly higher.
With that money, surveys show that most Americans plan to use their refund toward paying off their bills.
According to some experts, the higher refunds are due to more taxpayers qualifying for the earned income tax credit.
The earned income tax credit is meant for those lower income filers who are underemployed due to changes in their job status.
If you do qualify for the credit, it can reduce your tax obligation and result in a refund.

News10NBC/WHEC-TV welcomes your opinion and interaction on our website, but please remember to keep it clean. If you're advertising for another business, being profane, vulgar or slanderous your post will be deleted. By commenting on this website, you agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use. Comments are not pre-screened before they posted.


36° | 18°
  • Feels like: -1° F
  • Wind: NNW 23mph
  • Humidity: 68%
  • Thu Snow showers at times
    18° | 9°
  • Fri More sun than clouds
    24° | 1°
  • Sat Afternoon snow showers
    32° | 14°
  • Sun More clouds than sun
    32° | 18°