With Tax Day less than a week away, many Americans are scrambling to file their returns, but according to IPX1031’s 5th annual Tax Procrastinators report, some are more likely to put off this annual task than others, proving that when it comes to taxes, procrastination is a national pastime.
The report found 1 in 4 Americans don’t feel prepared to file their taxes this year and 29% admit to procrastinating. Tax Day is April 15th this year, but 28% don’t know when the tax filing deadline is this year.
Insights into American Filing Practices and Challenges:
- Top tax procrastinators by state: Wyoming, Vermont, Alaska, North Dakota, and Delaware
- The #1 reason Americans procrastinate taxes: the process is too complicated and stressful
- 1 in 5 think Tax Day is on April 18
According to the Internal Revenue Service, the average tax refund amount in 2023 was $2,903. In 2024, Americans expect the average refund to be $2,552. Compared to 2023, 30% expect to get less of a refund this year.
