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Worried about a smaller income-tax refund? You’re not alone — and you're probably not wrong.

TaxWatch Published: March 1, 2023 at 12:01 a.m. ET By Andrew Keshner Early numbers from the IRS on this year’s filing season show refunds will be lower Smaller tax refunds can be a tough mix with expensive costs and stubborn inflation. iStock/Getty Images Rising costs and less generous tax credits have more people worried this

worried-about-a-smaller-income-tax-refund?-you’re-not-alone-—-and-you're-probably-not-wrong.

TaxWatch

Early numbers from the IRS on this year’s filing season show refunds will be lower

Smaller tax refunds can be a tough mix with expensive costs and stubborn inflation.

iStock/Getty Images

Rising costs and less generous tax credits have more people worried this year about what impact their tax refund will make on their wallet, a new survey says.

Tax season is around one month old, but early IRS filing statistics about refund amounts hint that the concern could be well founded.

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Almost seven in ten taxpayers have at least one…

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