Based on your annual taxable income and filing status, your tax bracket determines your federal tax rate. Use the DATEucator and Estimate Your Actual Tax Refund Date if you eFiled Now. In particular for taxpayers claiming the Earned Income Tax Credit or the ... Once your return is accepted by the IRS, the IRS processes your refund based on the IRS E-file Refund Cycle Chart. TurboTax Free Guarantee: $0 Federal + $0 State + $0 To File offer is available for simple tax returns with TurboTax Free Edition. With an average tax refund of $2,763 and median income of $57,617, the average taxpayer's refund is around 5% of their annual salary. However, in Maine, the average refund was just over $ 2,321, but in Texas, the average taxpayer got back $3,189.But, before you get jealous of those living in Texas, remember that receiving a tax refund just means you made an interest-free loan to Uncle Sam, … Quickly find your 2019 tax bracket with TaxAct's free tax bracket calculator! The TaxStimator below will estimate your 2019 Taxes or Tax Refund for you. 2020 Federal Income Tax Brackets and Rates. At this time, refunds are still being processed on schedule according to the United States Department of Treasury. The average tax refund also varies by state. We make Taxes great simple again for you.. Over 57 Million Self-Prepared Returns Were e-Filed in 2019 *) Find out why eFile has become so popular!. What is the average percentage of tax refund? The average tax refund in 2017 was $2,763. View federal tax rate schedules and get resources to learn more about how tax brackets work. Your bracket depends on your taxable income and filing status. Situations covered include: W-2 income; Limited interest and dividend income reported on a 1099-INT or 1099-DIV; Claiming the standard deduction Congress passed a law last year that requires the IRS to HOLD all tax refunds that include the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) until February 15, 2020, regardless of how early the tax return was filed. A simple tax return is Form 1040 only, without any additional schedules. The IRS might turn a suspicious eye on you if your claimed deductions are higher than what’s normal for your income level. That is a 1.9% increase over last year's average refund of $2,711. These… This Tax Calculator is only an estimator tax tool and should only be used to calculate and estimate your 2018 Tax Year or 2019 Tax Return Tax Refund or Liability. Use our Tax Bracket Calculator to find out what your current tax bracket is for 2019-2020 federal income taxes. There are seven federal tax brackets for the 2019 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Use this free tax return calculator to estimate how much you'll owe in federal taxes on your 2019 return, using your income, deductions and credits — in just a few steps. The Treasury Department and the IRS have officially extended the federal income tax filing due date from April 15, 2020, to July 15, 2020. Updated to include the 2018 tax reform with new tax brackets. Early Filers - You Will See A Delay In Your Refund. If you are just here to get your taxes done: Let's go and do your 2019 Taxes and be done with it. For example, for the 2017 fiscal year, the average across the nation was about $3,186.