reported that New Hampshire residents are receiving above-average tax refunds this year, with the average refund amount exceeding $3,000. This news comes as a welcome surprise for many taxpayers in the state.
According to data from the Internal Revenue Service (IRS), the average tax refund amount for New Hampshire residents is higher than the national average of $2,825. This is good news for taxpayers in the state who may be facing financial challenges due to the ongoing COVID-19 pandemic.
The higher-than-average tax refunds can be attributed to various factors, including changes in tax laws, deductions, and credits. Many taxpayers in New Hampshire are benefiting from these changes and are receiving larger refunds than in previous years.
The news of the average tax refund amount exceeding $3,000 is sure to bring relief to many residents in New Hampshire. The extra funds can be used to pay off debt, cover essential expenses, or even contribute to savings or investments.
Taxpayers in New Hampshire are encouraged to file their taxes promptly to receive their refunds as soon as possible. The IRS has extended the tax filing deadline to May 17, giving individuals extra time to prepare and submit their tax returns.
Overall, the news of the above-average tax refund amounts for New Hampshire residents is a positive development that will undoubtedly provide some financial relief to taxpayers in the state.
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