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Tax Refund on the Way? Spend it Wisely

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alerts-kiplinger.com

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mail@alerts-kiplinger.com

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Sun, Jun 7, 2020 10:13 AM

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Plus: 14 States That Won't Tax Your Pension TIPS TO TRIM YOUR TAXES The average federal tax refund s

Plus: 14 States That Won't Tax Your Pension [VIEW IN BROWSER]( [Kiplinger Special Report]( TIPS TO TRIM YOUR TAXES [8 Money-Smart Ways to Spend Your Tax Refund]( The average federal tax refund so far this year is $2,772 -- about the same as the average for 2019. If you're fortunate enough to not need your refund for necessities, here are eight other ways to put the money to good use. Plus: [FAQs on Stimulus Payments by Prepaid Debit Card (It's Not a Scam or Junk Mail!)]( [READ MORE]( [Is Unemployment Taxable? State-by-State Guide to Unemployment Benefits]( [Is Unemployment Taxable? State-by-State Guide to Unemployment Benefits]( Filing for unemployment is stressful enough on its own. But did you know your state may also tax your payments? Plus: [The Employee Retention Tax Credit Helps Keep Workers Working]( [READ MORE]( SPONSORED CONTENT FROM BARCLAYS [Do You Pay More or Less Than the Average Taxpayer?]( [Do You Pay More or Less Than the Average Taxpayer?]( A recent nationwide poll of American taxpayers by Kiplinger and Barclays US reveals important benchmarks about tax burdens and actions. Now, you can see how you compare. [READ MORE]( [10 Tax Breaks for the Middle Class]( Tax breaks aren't just for the uber rich and corporations. Everyday Americans can also benefit from one of these 10 benefits designed with them in mind. Plus: [10 Ways the SECURE Act Will Impact Your Retirement Savings]( [READ MORE]( [14 States That Won't Tax Your Pension]( [14 States That Won't Tax Your Pension]( Will your state tax your pension income? It depends on where you live. Plus: [Taxes in Retirement: How All 50 States Tax Retirees]( [READ MORE]( [The IRS is Now Taking Phone Calls About Stimulus Checks]( You can finally talk to an IRS representative on the phone if you have any stimulus check questions. However, the agency is still dealing with staffing shortages due to COVID-19. Plus: [IRS Allows Mid-Year Changes to Health Plans, Expands FSAs and More]( [READ MORE]( ALSO ON KIPLINGER [Tax Changes and Key Amounts for 2020]( [Podcast: Is a Second Stimulus on the Way?]( [13 Tax Breaks for Homeowners and Home Buyers]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( All content ©2020 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to our free Tax Tips e-newsletter. Trim your federal and state tax bills with our actionable tax-planning strategies and tax-filing tactics. Published weekly December - April, monthly May - November. If you ever wish to stop receiving this service, please [click here to unsubscribe](.

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