Act Now to Claim Your 2020 Tax Refund
Don’t Miss Out on Over $1 Billion in Unclaimed Refunds
According to Money Talks News as the deadline gets closer for people to get their money back from their 2020 taxes, the IRS is telling almost a million folks who haven’t filed yet to do it before May 17. There’s over $1 billion in refunds waiting with the average tax refund being about $932 for each person. But you don’t get this money automatically—you need to file your old taxes before the deadline to get what you’re owed.
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(PHOTO:LinkedIn)$932 Tax Refund & Up to $9,000 Credits: File Your 2020 Taxes Before May 17 Deadline!
Don’t Leave Money on the Table: Claim Your Unclaimed Tax Credits
If you didn’t file your 2020 taxes, there’s more than just the regular tax refund you might miss out on. You could also be eligible for other credits like the Earned Income Tax Credit or the Recovery Rebate Credit for missed stimulus payments. These credits could be worth a lot up to $6,660. But if you miss the May 17 deadline you’ll lose out on this money which could be as much as $9,000 for some people. Filing old taxes takes some work but it’s worth it to get your money back. You’ll need to gather your income info ask the IRS for tax transcripts if you’re missing anything and make sure you’re using the right forms for 2020. It might be a bit trickier than filing your current taxes but there are tools and tax pros out there to help you through it and make sure you get your tax refund before it’s too late.
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