This is the Most Popular Thing Texans Do With a Tax Refund
Tax refunds are fun money, right? It depends on how you define "fun." It might surprise you what most people are planning to do with the tax refund this year.
And if you're still looking for free tax help in Tyler, this is where you can find it.
Most people who get tax refunds are planning to sock it away in savings. That's according to a new survey from GoBankingRates, that say 41 percent of us plan to put the big fat refund right into savings and forget all about it. Well, maybe we'll keep out a little bit for a mani-pedi or a new tablet, but the rest will be stockpiled.
If you're not saving the money, these are the other ways we're spending the tax refund, according to the survey:
Pay off debt – 38%
Put the money toward a vacation – 11%
Splurge on a purchase – 5%
Make a major purchase – 5%
Guess which gender will urge for the major purchase the most? Men. Seven percent of guys will want to make a major purchase with the tax refund and only three percent of women. Or maybe you'll work together on the granite counter tops for the house.
The IRS deadline is usually April 15th, but because of holidays and Sundays, you have until April 18th to file this year. And if you need help, PATH plans to offer free tax prep in Tyler again this year on Wednesdays from 3 to 7pm and Saturdays from 8am to 4pm. They tell us that no appointments are necessary, but be sure to take all the necessary statements with you.
Taxes may a little bit fun after all. When they're finished!