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One in four Americans have no idea if they'll get a tax refund this year, according to new research. <br/><br/>A survey of 2,000 U.S. adults looked at how many are thinking ahead when it comes to their taxes and found the percentage of those who aren’t sure if they’ll get a tax refund is up to 25% from 20% last year.<br/><br/>On the other hand, 43% anticipate getting a tax refund in 2024, slightly up from 40% last year.<br/><br/>The average respondent who thinks they will be getting a tax refund estimates that they’ll get back $2,023.50 this year, down from the average of $2,338.40 last year.<br/><br/>Conducted by OnePoll for Cricket Wireless, the annual tax time survey found that two in three Americans said that if they received a tax refund in 2024, they would use it in a more “mature” way than years past (67%).<br/><br/>Of those who anticipate a tax refund, three in five are relying on that extra income and 36% plan on saving it, compared to just 26% last year.<br/><br/>Half of those who have gone through a major life event like putting contributions into a retirement plan (17%) or getting a new job (11%) also said that they would use their tax refund to help financially support new changes.<br/><br/>However, a quarter of Americans admit to feeling stressed leading up to the tax deadline (28%).<br/><br/>What’s causing that stress? For many, it’s uncertainty over what to expect.<br/><br/>For instance, of those who experienced life changes over the past year, such as getting married or having a kid, only 38% knew that these events will affect their tax return.<br/><br/>Knowledge also plays a role in respondents’ uncertainty, as one in five couldn’t define common tax terms like “adjusted gross income,” “dependent” or “filing status.”<br/><br/>The economy is also a culprit for those who are less certain about their finances this year.<br/><br/>Only a third of Americans think the 2024 economy will be better than the previous year (34%), with 45% sharing that this perspective impacts their decision to spend or save their tax refund.<br/><br/>To combat this, a majority of respondents have done more budgeting (68%) and 44% have spent less money, overall.<br/><br/>“High inflation and an unpredictable economy make many Americans feel uncertain around tax season,” said Tony Mokry, chief marketing officer at Cricket Wireless. “For many, this is the only time of year that they receive a windfall and how they treat these funds oftentimes sets the tone for their year financially. We continue to encourage consumers to look for value where they can, particularly on recurring bills like phone plans.”<br/><br/>However, those surveyed are taking control of their finances, keeping track of them on their phone (51%).<br/><br/>While only half of respondents last year used a banking app (52%), that number is up to 92% of those who use finance apps today.<br/><br/>Mobile wallet (48%) and investing apps (42%) were also among the most common finance apps last year, and are still popular among respondents this year (66% and 39%, respectively).<br/><br/>Credit score management apps have also climbed in popularity (39%) and one in five have a tax filing app, too (18%).<br/><br/>To make use of their resources, nearly a quarter of those who own a smartphone will use it to file their taxes in 2024 (23%).<br/><br/>“It's reassuring to see that more people are using their phones to manage their finances,” said Tony Mokry, chief marketing officer at Cricket Wireless. “It's difficult to stay on top of it all, but having access at your fingertips takes the headache out of managing money, making it easier than ever to track your spending, budget effectively, and work towards your financial goals.”<br/><br/>Survey methodology:<br/>This random double-opt-in survey of 2,000 general population Americans was commissioned by Cricket Wireless between Jan. 11 and Jan. 16, 2024. It was conducted by market research company OnePoll, whose team members are members of the Market Research Society and have corporate membership to the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR).
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Peter Freiherr von Liechtenstein
⏲ 1 hour 13 minutes 17 seconds 👁 28.5K
Deine Freunde
⏲ 3 minutes 36 seconds 👁 811K
There's one particularly foul aspect about the population of Dune, and it'll change the way you see the movies. Keep watching to find out all the messy details.
⏲ 3:51 👁 15.9M
Itchy Boots
⏲ 20 minutes 25 seconds 👁 206.8K
Prof. Dr. Christian Rieck
⏲ 52 minutes 50 seconds 👁 65.8K
With the new Mercedes-AMG E 53 HYBRID 4MATIC+ as a saloon and estate, the performance and sports car brand from Affalterbach is presenting two further plug-in hybrid models. They combine outstanding performance and driving dynamics with a long electric range.<br/>The combination of the 3.0-litre six-cylinder in-line engine and the permanently excited E-synchronous machine generates a maximum system output of 430 kW (585 HP) and a maximum system torque of 750 Nm. The performance is correspondingly dynamic: acceleration from 0‑100 km/h takes place in 3.8 seconds. The top speed is electronically limited to 280 km/h (saloon with optional AMG Driver's Package). Up to 140 km/h are possible purely electrically.<br/>The 120-kW electric motor is integrated into the AMG SPEEDSHIFT TCT 9G transmission to save space. The high-power density of the hybrid power unit is achieved by the permanently excited internal rotor synchronous technology. The electric motor's maximum torque of 480 Nm is available from the first revolution and ensures high agility even when starting off. The traction battery with 400 volts has a gross capacity of 28.6 kWh and is installed in the rear under the trunk floor. The energy content that can be used every day is smaller at 21.22 kWh, as part of the energy is always reserved for boosting and thus high-performance driving. Nevertheless, the high-voltage battery enables an electric range of up to over 100 kilometres.
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Sabine Hossenfelder
⏲ 8 minutes 3 seconds 👁 66.1K
Edventure
⏲ 26 minutes 37 seconds 👁 1
Hollywood history will remember 2023 as the year of Barbenheimer. Since their releases on the same day in July, Barbie and Oppenheimer have dominated the box office, the awards circuit, and countless essays and op-eds. At the Oscars on Sunday, Oppenheimer is expected to sweep most of the major categories, including Best Actor (Cillian Murphy), Best Supporting Actor (Robert Downey, Jr.), and Best Director (Christopher Nolan), and Best Picture.<br/><br/>But even with those two blockbusters—Barbie grossed $1.4 billion worldwide and Oppenheimer was just shy of $1 billion—there were still plenty of hours left in the year for other entertainment. And if Netflix’s annual engagement report reveals anything, it’s that many people spent an astronomical amount of time watching Adam Sandler movies.<br/><br/>Since signing his first $250 million four-picture deal with the streamer in 2014, the 57-year-old Sandler has starred in eight movies for Netflix and produced several more through his Happy Madison production company. The majority of his back catalog of comedies are now licensed to the platform as well. In the first six months of 2023 alone, Netflix subscribers spent more than 500 million hours watching Sandler’s movies.<br/><br/>Or, as Netflix co-CEO Ted Sarandos explained when he re-upped the collaboration in 2020, “There’s no such thing as too much Sandler.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattcraig/2024/03/06/highest-paid-actors-2023-adam-sandler-margot-robbie/?sh=7e0e963763a0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 4:33 👁 4.5M
reporter
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Beast Reacts
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