People in These States Receive the Highest Tax Refunds on Average
Overall, it is difficult to pinpoint why some states have higher average tax refunds, as there are so many individual variables that go into calculating what the IRS owes to taxpayers, according to Erika Giovanetti, a writer at LendingTree. Family size, income, living arrangements, field of work and more can impact how people pay their taxes, she said. Still, taxpayers that live in states with lower costs of living that also see some of the highest average refunds – such as Wyoming and Florida— will likely see that money go the farthest. "Those taxpayers really enjoy the biggest benefits ...