The IRS has already issued more than 77 million refunds that average more than $2,800 to people who filed early this year, according to the agency.
That raises a question: As taxpayers receive such large sums, what are the best ways to spend the money?
12:31 U.S. Economy Grew 0.7% in First Quarter, Slowest in Three Years1
01:26 Trump Tax Plan Would Shift Trillions From U.S. Coffers to the Richest19
15:08 Trump tax reform: He’s got some explaining to do16
01:48 Trump to propose large increase in deductions Americans can claim on their taxes18