According to the IRS, about 75% of filers got a tax refund the year before, and the typical direct deposit tax return was nearly $3,000. However, you may be wondering, “why is my refund so low?” or you may believe you have not received the tax result they anticipated last year, or they may be questioning if there are any additional tax incentives available to help offset the effects of 2020.
Here are several suggestions on how to max out the tax refund this year, regardless if you obtained the refund you earned, believe you might have gained more last year, or were influenced by the happenings of 2020.