What Is a Federal Income Tax Refund?

Answer In the United States, Federal income tax is a percentage of money earned by working or from other sources, such as interest on investments, commissions and payments issued from social security or r... Read More »

Top Q&A For: What Is a Federal Income Tax Refund

What is the average American's federal income tax refund?

According to the U.S. Internal Revenue Service, the average refund amount paid for personal income tax in 2007 (the most recent year available) was $2,488. The IRS sent out 107.7 million refunds to... Read More »

How do I check a federal income tax refund?

Where's My RefundUtilize the "Where's My Refund" feature offered by the IRS on the website. You will be prompted to input information about your filing status--single, married, head of hous... Read More »

Is there some stimulus money or something in my Federal Income Tax refund?

My guess is that you filed a joint return and didn't file schedule M and put the amount on the Making Work Pay credit line. So many people missed that this year that the IRS just fixed them rather... Read More »

Can the IRS take my federal income tax refund check for back spousal support?

Yes, according to the Administration for Children & Families, under The Federal Tax Refund Offset Program the IRS can collect past due payments for spousal support from your federal income tax refu... Read More »