'Refunds May Be Smaller in 2023' IRS Tax Warn!

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If you owe your 2023 taxes, your tax refund may be slightly less this year.

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The IRS has warned people to lower their expectations for the next tax refund.

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With no economic impact for 2022, taxpayers will not receive additional stimulus payments with their 2023 tax refunds.

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Who gets tax refund? What is the average amount?

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The average refund this year in 2022 was $3,176, up nearly 14% from last year's refund of $2,791

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The data shows that two-thirds of those who filed in 2022 received a tax refund from the IRS.

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The IRS warns taxpayers not to count on receiving their 2022 federal tax refund by a certain date, especially when making large purchases or paying bills.

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'Refunds May Be Smaller in 2023' IRS Tax Warn!

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