According to a new survey, 32% of Americans plan to use their anticipated federal and state tax refunds to help pay off debts. Other taxpayers say they will earmark their refunds for savings or investments (27%), buying products (11%), making home improvements (9%), taking vacations (11%), giving to charities (9%), or paying mortgages or education loans (5%). 

The survey was commissioned by Taxsoftware.com, which launched the first iPad app for federal tax returns in 2011. Respondents could choose more than one way on how they plan to spend their refunds; percentages have been rounded up or down.

Taxsoftware.com spokesperson Mickey Macedo said, "Our survey results are consistent with similar polls we've conducted in recent years, and continue to demonstrate that Americans place a high priority on using their refunds to help improve their personal lives. This should be good news for the economy."