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Taxpayers Anticipate $3,500 Refunds; Experts Advise Smart Spending

4/11/2026

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Summary

Story summary

As Tax Day nears on April 15, taxpayers anticipate average refunds of about $3,500.
Experts advise balancing spending between saving and debt repayment, prioritizing high-interest debts.
They also suggest contributing to retirement accounts, building an emergency fund, and using 529 plans for education.
Taxpayers should wait to decide, as upcoming sales may offer better opportunities for spending.

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Story summary

As Tax Day nears on April 15, taxpayers anticipate average refunds of about $3,500.
Experts advise balancing spending between saving and debt repayment, prioritizing high-interest debts.
They also suggest contributing to retirement accounts, building an emergency fund, and using 529 plans for education.
Taxpayers should wait to decide, as upcoming sales may offer better opportunities for spending.