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Taxes 2022: Last-minute tax moves that can put money in your pocket

Taxes 2022: Last-minute tax moves that can put money in your pocket

CBSN
Thursday, April 14, 2022 09:16:42 AM UTC

Tax Day is fast approaching, with Americans needing to either file a return by April 18 or ask for an extension. If you're among the millions who tend to wait until the eleventh hour to file, there's still time to take steps that can reduce what you owe or land a bigger refund.

About 91 million people have filed tax returns as of April 1, according to the most recent IRS statistics. In a typical year, the tax agency receives about 160 million tax filings, which means that almost 70 million Americans had yet to file their taxes in the last two weeks before the deadline. So far, the typical refund is $3,226 in 2022, the agency said earlier this month. 

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