The average federal tax refund this year will be $2,803. That's some hot cash right there. How are YOU gonna blow it? Capital One just released the results of a survey, so you can see how other Americans are going to spend their refunds.
--22% will use it to pay down debt . . . 16% will put it in the bank . . . and 4% will invest it. But at least 35% plan to blow ALL of it. And here's how . . .
--30% will use the money on everyday expenses. Do those guys know how to party or what?!?
--23% will spend it on a vacation.
--16% will spend it on clothes, shoes, or accessories.
--15% will buy an iPad, TV, phone, or some other electronics.
--The rest will use it toward other major purchases.
Now, if you want to check on status of your return go to "where's-my-refund" website. They update the information once a day so going back and checking several times a day just jams the system. Evenings and Weekends are best....On smart phones I'm hearing of an APP called IRS-2-GO but this is also recieving overwhelming use right now. firstname.lastname@example.org