Our analysis of IRS data found the average refund for tax year 2022 — the latest available full-year data — was $4,381.

3. Sample Tax Return Calculate your tax due by completing a sample tax return using tax software or by hand. Use the most up-to-date forms available, as tax rates and rules can change each year.

Form 1120-S is the annual tax return for S corporations. What Is Form 1120-S: U.S. Income Tax Return for an S Corporation? Form 1120-S: U.S. Income Tax Return for an S Corporation is a tax ...