Taxpayers in Franklin and
Benton counties collect some of the biggest tax returns in the state.
The two counties ranked among the top 10 of the state’s 39 counties with the highest amount of tax refunds, according to SmartAsset, an online financial technology company.
Franklin County ranked No. 3
on the list, with the average tax amount refunded totaling $3,086, with 30,520
taxpayers receiving refunds. The average amount of taxes owed was $5,467, from
5,540 people owing taxes.
Benton County ranked No. 9,
with the average tax amount refunded totaling $2,873, with 67,300 taxpayers receiving
refunds. The average amount of taxes owed was $5,318, from 16,370 people owing
SmartAsset analyzed data from
the IRS to determine the counties where people received the highest average
refunds and the counties that owed the most on average after filing their taxes.
To determine the counties
that received the highest average refunds, SmartAsset divided the total amount
of money refunded by the IRS to each county by the number of refunds given out
in each county. It did the same to calculate the average amount owed, by dividing
the total taxes owed in each county by the number of filers that still owe
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