How will you spend your tax refund? Most Americans will use it for this

Debt is listed as the number one item people spend their tax refund on.

That is according to a study by GoBankingrates.

27% of people plan to use their refund to pay off debt.

The other top priorities are saving and investing.

Last year the average was refund was more than $2800 dollars, acccording to the Internal Revenue Service.

The IRS says it will process returns as planned, despite the government shutdown.

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