Credit.com: 3 ways to use your tax refund this year—instead of blowing it

You prepped early and thoroughly for tax season and beat the rush to submit your paperwork to the IRS. Now it’s just a matter of waiting for that “free money” to show up in your account.

But taxpayers should be aware that the latest data from the IRS shows that tax refund totals are, on average, down 17% from refunds received in 2018. This is in part due to an increased standard deduction as a result of The Tax Cuts and Jobs Act. Only time will tell the numbers by the end of tax season, but this decreased refund average gives Americans an even bigger reason than usual to use those funds wisely.

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