There are November deadlines for taxpayers to file their 2021 tax returns for free using simplified filing tools, and hence, receive their enhanced tax benefits (including stimulus checks and the child tax credit) sooner rather than later.
The IRS recently sent out 9 million letters to taxpayers who qualify for tax benefits but still need to file their 2021 tax returns in order to claim them. In 2021, the federal government offered an array of tax credits to help taxpayers stimulate the economy. Though the IRS recently sent out 9 million letters informing people to claim their money that for some could add up to be thousands of dollars.“The suspicious timing of these letters right before an election appears political,” Rep.
“The IRS wants to remind potentially eligible people, especially families, that they may qualify for these valuable tax credits,” IRS Commissioner Chuck Rettig said in aA couple of months after President Joe Biden came into office he signed the American Rescue Plan Act in March 2021. The plan included the third round of stimulus checks, which provided millions of Americans with $1,400 per person.
The plan also included an earned income tax credit for eligible workers with no children, which can be up to $1,502.Thursday, Nov. 17As an alternative,
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