In the US, what is average amount of income tax refund $ a married couple filing jointly gets?

Answer 1

There is no average because there are too many variables:
How much money do they make?
Does each spouse work?
What are they claiming on their W-4 forms?
Do they have kids?
Do they own their home?
Do they invest?
Etc.

There is no average amount.

Answer 2

i'm an accountant, and function a joint account with my spouse, so the question is: how plenty do you adore your spouse?? If somebody is getting a plenty larger refund, the two their W-4 isn't precise, or they have extra suited hazard to maintain taxes with an IRA, or one individual is claiming the little ones or own loan interest. See the problems? i assume i could opt for to be responsive to what formulation you employ to split the enjoyed ones expenses. yet besides, in case you 2 have become a bigger refund MFJ be beneficiant. because of the fact you cash are co-mingled for the taxes, make certain your universal tax fee and then each and each individual's % of earnings and split the refund that way. so if H makes six hundred and spouse 4 hundred with an universal tax of 10% = a hundred tax, with $2 hundred refund, then H gets six hundred/1000 x $2 hundred and spouse gets 4 hundred/1000 x $2 hundred. this is late; in simple terms observed your reaction to somebody else who gave the above concept first. So examine universal universal tax of husband to tax overwithheld to make certain that area as somebody refund then do earnings ratio split of stability (afterthought: would not be one), fantastically if it seems extra honest to spouse. So now, if H withheld 2 hundred (and in basic terms owes 60) and spouse w/h a hundred and owes 40; H gets $a hundred and forty of refund, and W gets $60; yet i assume if H 259 - 60 = 199 refund; and W 40-one - 40 = $a million refund.....i'm quitting now till now your spouse places a cost on my head. EDIT: I now see I in fact reiterated your concept. yet what could take place in case you computed tax fee on mixed GROSS earnings? you may get a diverse perspective, idk. Am fairly combating now.

Answer 3

Any average would be meaningless information -- little more than trivia. For tax year 2004, the average refund was a bit over $2,500 for all individual returns. I couldn't find anything characterized by marital status.