5 things to know about Tax Day: For most, it's not that bad

April 15, 2015 7:51 AM

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5 things to know about Tax Day: For most, it's not that bad

Wednesday is the deadline for filing income tax returns, a day long associated with the dread of rushing to fill out complicated forms and, perhaps, making a payment to Uncle Sam.

But for most, it's not that bad. Aside from the complicated forms, tax season generates $300 billion in tax refunds each year, a significant boost to the U.S. economy.

Also read: Economy: Jobless claims drop to lowest since 1973; housing starts jump 11%

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