New Tax Time Data: How Families Manage Refunds and Payments
Data from 2015-2017 show refunds are the single-most meaningful cash infusion of the year for many families, on average equivalent to six weeks\’ take-home pay. March 5, 2019 (Washington, D.C.) — As American families file their tax returns, the JPMorgan Chase Institute released the first-ever daily-level event study documenting how tax refunds and tax payments affect […]