Even if you don’t have a filing requirement you should file a tax return to claim your Federal and State income taxes that you paid during the year. In addition, if you qualify for the EIC you will receive a refundable tax credit which maxes out at $6,318 for 2017. This means you receive a refund even if you paid in zero dollars! Sounds pretty good, right? You have three years from the due date of your tax return to claim your refund. If you neglect to file, then the IRS will take possession of your refund after your claiming period has expired. Each year there are millions of dollars that tax payers hand over to the IRS due to unclaimed refunds. This tax season make sure you find a qualified tax preparer to help you get all the deductions and credits to which you are legally entitled.
Should I File Myself?
People with a DIY spirit may seek to file their taxes while possessing little to zero tax...