Content about Walmart Financial Services

January 14, 2011

Jackson-Hewitt tax preparation kiosks are now open in more than 2,000 Walmart stores in anticipation of an onslaught of consumers eager for their refund to arrive as soon as possible. Nearly half of those who receive a refund get it in February, according to IRS data cited by Walmart, so the retailer is touting the presence of Jackson-Hewitt kiosks in its stores and a preparation fee of $38 for the most basic of returns, the 1040EZ, with only two W2s. According to Walmart research, its customers consider their tax refund check to be their biggest payday of the year and they use the money to pay bills, for savings and to buy necessities.

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