Tax Tips Early-Bird Taxpayers Gets the Refund Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by Published Feb 3, 2010 - [Updated Jul 8, 2019] 1 min read Infographic by Column Five Media. Did you know people who file their income tax returns in February are among the most likely to get refunds – and larger ones at that? A TurboTax survey found that 82 percent of taxpayers who filed before the end of February got money back. In fact, 40 percent of all tax returns are filed before the end of February, according to the IRS. And not only do most early filers get a refund, their average refund is typically larger: $2,869 compared to $2,753 for returns filed through April 15, according to the IRS. This image reveals some interesting data around the group known as “early filers” – including their demographics, what they do with their refund, their average refund, and statistics around e-Filing. Embed infographic on your site: http://blog-turbotax-intuit-com-develop.go-vip.co/wp-content/uploads/2010/02/EarlyFilers.jpg Previous Post Tax Burden By Country (How the US Compares Internationally) Next Post Tax Tip: Changing Tax Withholdings Written by More from 10 responses to “Early-Bird Taxpayers Gets the Refund” I was only suppose to get $5 ms state refund but I recieved $33 Reply actually, it’s those who know they get refunds, like huge EITC, file early. Those who have to pay file later. Reply separated, not seperated Reply I just got a refund from Intuit for my TurboTax purchase in February 2010. Is this a scam? Why would I be getting a refund? They said something about me file before February and my Wisconsin taxes could be messed up. They said they will pay any fees. Well, aren’t they supposed deal with problems if they come up. If I cash this check will that whip their hands clean of any promises made by the purchase of their product? Also, now their websites are all under construction. Something’s up. Reply Accepted and processed on Jan 23, still no refund. Reply @Anony Moose – of course people are going to file early when they want a refund, that is a given and not the point. The graphic shows the demographics of the people that want a refund and thus file early, so that you can see WHO is filing early. Reply Can you please spell “separated” correctly next time? Reply Filing soon and yes getting a little money back. My fiancee on the other hand owes quite a bit and although that’s no fun we might as well get it over with early too. Reply Thats because people who are going to get a refund want the money as soon as possible, and the people that are going to pay want to wait as long as possible. This is perhaps the most worthless infographic ever. Reply I filed on the 19th, accepted on the 19th. Still no return. Reply Leave a ReplyCancel reply Browse Related Articles Self-Employed Meet Moira Tax Planning TurboTax Enables Refund Advance to Taxpayers Investments Tax Benefits of Real Estate Investing Self-Employed Business Tax Checklist: What You’ll Need When Filing Uncategorized What Is Deferred Compensation & How Is It Taxed? Investments How Does an Inherited IRA Work? Work Choosing Your Business Structure: 5 Types of Businesses… Tax Deductions and Credits Are HOA Fees Tax Deductible? What You Need to Know Crypto Understanding Crypto and Capital Gains Work 7 Things You Need to Know About the New Business Report…
actually, it’s those who know they get refunds, like huge EITC, file early. Those who have to pay file later. Reply
I just got a refund from Intuit for my TurboTax purchase in February 2010. Is this a scam? Why would I be getting a refund? They said something about me file before February and my Wisconsin taxes could be messed up. They said they will pay any fees. Well, aren’t they supposed deal with problems if they come up. If I cash this check will that whip their hands clean of any promises made by the purchase of their product? Also, now their websites are all under construction. Something’s up. Reply
@Anony Moose – of course people are going to file early when they want a refund, that is a given and not the point. The graphic shows the demographics of the people that want a refund and thus file early, so that you can see WHO is filing early. Reply
Filing soon and yes getting a little money back. My fiancee on the other hand owes quite a bit and although that’s no fun we might as well get it over with early too. Reply
Thats because people who are going to get a refund want the money as soon as possible, and the people that are going to pay want to wait as long as possible. This is perhaps the most worthless infographic ever. Reply