$1.5B in unclaimed tax refunds is set to expire. Don’t lose out

Sponsor Content: Tax advice for recently married couples and new parents filing in 2022 There are certain groups of people who aren’t required to file tax returns every year. For example, single individuals with gross income below $12,550 don’t have to file their 2021 tax return this year, and the same can be said for retirees who don’t have any taxable retirement income. However, even if you are in a group that doesn’t have to file a tax return, it’s typically to your benefit to do so. In simple terms, people in the lower income brackets tend to qualify for valuable tax credits that can result in a big tax refund. In fact, the IRS recently revealed that taxpayers are entitled to $1.5 billion in unclaimed tax refunds from the 2018 tax year — and the deadline to claim them is approaching fast.WAITING ON A TAX REFUND FROM LAST YEAR? HERE’S SOME GOOD NEWSWasn’t the 2018 tax deadline three years ago? Yo …

The post $1.5B in unclaimed tax refunds is set to expire. Don’t lose out appeared first on Populist Press ©2022.