Menominee County tops tax refund list

Menominee County recently topped the list of a study conducted regarding tax refunds in Wisconsin.

This study was run to determine which county received the largest tax refunds for the 2021 year. The study was run by SmartAsset.

According to Steve Saboto, a spokesman for SmartAsset, the county was also ranked number one in the state for highest tax refunds in 2018 and 2020. They also ranked number two in the state in 2019.

“To determine the counties that received the highest average refunds, we divided the total amount of money refunded by the IRS in each county by the number of refunds issued in each county,” said Saboto.

The study is run in order to have people more interested and considerate of their financial goals and gives them an intention of how they can reach their goals.

“This study in particular provides a county-by-county look at the places where people received the highest average tax refunds and the counties where people owed the most money after filling their taxes,” said Saboto.

Saboto believes that the importance of this study is to help identify the difference of tax refunds in counties in Wisconsin.

“Our study helps identify where that is happening in Wisconsin at the greatest scale,” said Saboto. “Seeing these numbers also helps provide local contest for people who may want to see how their refund compares to the average in the county and the state.”

This study was conducted using data from the Internal Revenue Service early in 2021.

lreimer@newmedia-wi.com