Tax experts recommend filing early, especially if you expect a refund. According to the IRS, early filers often get larger refunds, averaging about $450 more than those who file later. Preventing identity theft is another good reason not to delay. Scammers try to get the jump on taxpayers by filing a phony Form 1040 early in the season. If thieves file a return using your social security number before you do, the IRS will flag your return until they can sort out what happened. That process could take months to resolve before you finally receive your refund.
Last year, more than 110,000,000 refunds were issued, with an average refund of more than $2,800 dollars. This year taxpayers have until Tuesday, April 18th to file their 2016 returns.
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