Nearly 67 percent of the survey respondents said they are expecting a return this year.
"Financial security is top-of-mind for all Americans, and refunds can play a huge role in helping achieve that," said
Officials said 27.7 percent of people will use their refunds to pay down debt; 25.3 percent will use it toward everyday expenses; 10.7 percent will invest in a major purchase; and 12.8 percent will spend their refunds on a vacation.
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