In fact, the average refund compared to last year has dropped nearly 9 percent, KCNC-TV reported, citing the IRS. Last year, refunds averaged around $2,100. However, refunds this year are averaging about $1,900, the IRS said.
William Gale, co-director of the Tax Policy Center, told KCNC-TV many Americans did get a tax cut; but if they made the correct changes to their withholding, the money may have wound up in last year’s paychecks in smaller amounts.
“It is important to go check your withholding and update your W-4 if you are surprised this year because it is really critical to get your tax situation and your withholding amount to the proper amount so you don’t have a surprise again in 2019,” said IRS spokesman Matt Leas.
The IRS does offer payment plans for tax bills. More information can be found at the IRS website, www.irs.gov.