The Significance of Claiming Your Tax Refund
Wednesday, 13 March 2024, 23:00
Why Filing Your Tax Return Matters
The IRS won't automatically give you a tax refund; you must file a return to receive it. Even if you aren't required to file, claiming could lead to substantial refunds, such as the Earned Income Tax Credit.
Missed Refunds and Consequences
- Don't forfeit potential money by failing to file; you have three years from the deadline to claim missed refunds.
- Consider free tax filing services like VITA or TCE if you need assistance with your taxes.
Don't miss out on a tax refund that could significantly benefit your finances; take the necessary steps to claim what you're owed now.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.