What Will Most Americans Do With Their Tax Refunds?
It seems as though most Americans plan to save money and/or reduce their debt when it comes to tax returns. In a new Taxsoftware.com poll, 27% of the participants say that they will put their tax refund into their savings account or investments.
-29% say that they will pay off bills with any money they get back!
-Only 8% said that they plan on making improvements to their homes or buying a big item such as a car or taking a trip.
-5% will apply thei tax refunds to their mortgage or pay of college loans.
-Believe it or not, 2% will give that money to charity!