NEWS, SPORTS, COMMENTARY, POLITICS for Gloucester City and the Surrounding Areas of South Jersey and Philadelphia

All Individuals 16+ Can Get Vaccinated, Beginning Monday, April 19
New Jersey is $44 Billion in Debt, and Caught Between a Rock and a Hard Place

Good News: People Across the Nation Are Receiving Tax Refunds

The Average Tax Refund for each state listed below

In 2019 Americans paid more than $3.5 trillion in taxes. Nearly half of all tax returns filed by individuals, corporations, and estates received a refund.

Altogether, the Internal Revenue Service issued nearly 122 million refunds totaling $452.1 billion, or $3,709 per refund. There are a number of variables that affect the amount that is refunded, one of which is location. The average refund can vary by state from under $2,500 to more than $8,700.

For the fiscal year 2019, the average tax refund for Pennsylvania was $3,055. This ranks as the 25th highest among all 50 states and is lower than the average refund amount of $3,709 nationwide. This figure includes not just personal income tax returns, but also corporate taxes, estate taxes, and more.

Nationwide, the IRS collected $10,860 per person in 2019, but in Pennsylvania, IRS collections per capita were higher, at $11,090. Nationwide, 48.2% of tax returns filed received a refund. But in Pennsylvania, 51.7% of returns received a refund, which ranked ninth most among all states.

To determine the average tax refund in every state, 24/7 Wall St. reviewed data on tax refunds from the IRS. States were ranked based on the average tax refund amount issued in the 2019 fiscal year, which includes refunds for individuals, corporate taxes, estate taxes, and more. This is how each state ranks in average tax refunds.

Screen Shot 2021-04-19 at 15.48.51 Screen Shot 2021-04-19 at 15.49.10 Screen Shot 2021-04-19 at 15.51.55 Screen Shot 2021-04-19 at 15.52.12