• CMG MORTGAGE, INC. NMLS #1820
  • Chuck Biggs
  • News
  • Your tax refund might be smaller than usual this year. Here's why

Your tax refund might be smaller than usual this year. Here's why

  • March 01, 2019

Each year, millions of tax filers eagerly await money back from the IRS. The majority of filers, in fact, walk away with refunds during tax season, and in recent years, the average refund has been rather substantial.

But if you're anticipating the usual windfall this year, you might want to adjust your expectations. So far, the average tax refund is coming in at $1,865, which represents an 8.4% drop from the $2,035 the IRS was dishing out to taxpayers the same time last year. Not only that, but the number of refunds issued declined by 24.3%. If you're expecting money back from the IRS, know that the sum you receive might be lower than usual -- and prepare accordingly.

Read more at MSN.com.

Chuck Biggs
Branch Manager
NMLS # 396834
Branch NMLS # 1697333


Chuck Biggs

PHONE: (480) 258-2281
cbiggs@cmgfi.com

APPLY NOW
CMG Image
© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (www.nmlsconsumeraccess.org).