Poll: Most New Yorkers Expect Tax Refund

MGN Online


Monday is the deadline to file your taxes and if you're like the majority of New Yorkers, you expect to receive a tax refund this year.

According to a new poll from the Siena College Research Institute, 57 percent of people in the state have either gotten or expect to get a refund.

Of those, 62 percent plan to use the refund to pay bills, 39 percent will hold some of it for emergencies and 15 percent will put a portion of the refund away for their retirement. 

Fewer than 20 percent plan to either purchase major household goods or spend their refund on vacation or leisure.

The poll also shows more New Yorkers, 46 percent (up from 43 percent last year), say they paid too much in taxes this year while 42 percent believe they paid the right amount.

Looking at their own finances, 35 percent say that they are worse off today than they were a year ago while 29 percent say that they are better off with 36 percent indicating that their condition has not changed. 

Specifically asked about their income and expenses over the last year, 24 percent say their income exceeded expenses, 47 percent broke even and 29 percent of New Yorkers volunteer that they went backwards.

More information

Saturday, December 10, 2016
, Watertown, NY

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