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Many low- and moderate-income workers may be eligible for the earned income tax credit (EITC), which for 2021 was worth as much as $6,728 for taxpayers with qualifying children.
Failing to file a 2021 tax return could result in more than just the loss of withheld tax refunds. Taxpayers might also forfeit valuable refundable tax credits , such as the Earned Income Tax ...
Some 1.1 million Americans who didn’t file a federal income tax return for 2021 are collectively missing out on $1.025 billion in unclaimed refunds, according to the IRS.
Hundreds of thousands more pensioners will need to pay tax on their pension income at the end of this tax year, new HMRC data ...