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Tipsheet

Average Refund from IRS: $3120

Average Refund from IRS: $3120

$3120. That's the amount of the average refund so far issued by the IRS, according to Motley Fool. 

40 million American so far have filed returns with 83% of them getting refunds totaling about $125 billion. Which begs the question what will you do with that money? 

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If you have earned income of course it's not too early to consider putting it into some sort of a retirement plan for the 2015 tax season. If you have variable-rate debt it's not a bad idea to pay down some of that debt. You can also put money into a 529 plan.

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