Poll Vault: How are you spending your tax refund?

  • More than 120 million individual taxpayers across the country received a refund from the U.S. government in 2012. Are you among those who is getting money back this year?

    More than 120 million individual taxpayers across the country received a refund from the U.S. government in 2012. Are you among those who is getting money back this year? Getty Images

 
 
Updated 4/19/2013 1:02 AM

Monday was the deadline to file your income tax returns. However, knowing you're going to get money back is a powerful incentive to file early.

In 2012, the federal government refunded more than $16.7 million to Illinois residents and businesses, according to a chart on the IRS website, down from more than $19 million the year before.

                                                                                                                                                                                                                       
 

Are you getting more or less back this year? Or are you in the unenviable position of owing the government?

If you are receiving a refund, what are you spending it on? Do you have a big-ticket purchase in mind, like a down payment on a car or a house? Or are you using that extra money to pay some bills?

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