Last Call for Taxpayers to Get Refunds for 2022

Column distributed by Hearst Connecticut Media Group.

Links to resources referenced:

IRS News Release: “Time is running out to claim $1.2 billion in refunds for tax year 2022; taxpayers face April 15 deadline”
- https://www.irs.gov/newsroom/time-is-running-out-to-claim-1-point-2-billion-in-refunds-for-tax-year-2022-taxpayers-face-april-15-deadline
  - Related column excerpt:
    - “There are more than 1.3 million people who have not claimed 2022 tax refunds worth an estimated $1.2 billion, according to the IRS. The deadline for filing for a 2022 refund is April 15.”
Federal Reserve Bank of Chicago: “Why Are Millions of Dollars in Tax Refunds Going Unclaimed?”
- https://www.chicagofed.org/publications/profitwise-news-and-views/2022/millions-tax-refunds-unclaimed#:~:text=Many%20families%20are%20aware%20that,helping%20families%20overcome%20these%20barriers.
  - Related column excerpt:
    - “Some of these refunds are actually tax credits. As explained by a 2022 Federal Reserve Bank of Chicago publication, many families eligible for refundable tax credits such as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) do not claim them (in part by not filing a federal income tax return), and, ‘as a result, do not receive potentially large cash benefits to which they are entitled.’”
IRS: EITC participation rate by state
- https://www.irs.gov/tax-professionals/eitc-central/eitc-participation-rate-by-state
  - Related column excerpt:
    - “IRS statistics for 2022 show that the national participation rate for eligible taxpayers claiming the EITC was approximately 80.8%.”
IRS: Earned Income Tax Credit (EITC)
- https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit-eitc
  - Related column excerpt:
    - “You can find more information about the EITC and the CTC at their respective IRS.gov webpages. Details of other tax credits (including the Credit for Other Dependents and the Adoption Credit) also can be found at IRS.gov, and the IRS Interactive Tax Assistant tool can help you determine if you are eligible for the credits.”
IRS: Child Tax Credit
- https://www.irs.gov/credits-deductions/individuals/child-tax-credit
  - Related column excerpt:
    - “You can find more information about the EITC and the CTC at their respective IRS.gov webpages. Details of other tax credits (including the Credit for Other Dependents and the Adoption Credit) also can be found at IRS.gov, and the IRS Interactive Tax Assistant tool can help you determine if you are eligible for the credits.”
IRS: Tax benefits eligibility chart for families and individuals at a glance
- https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/tax-benefits-eligibility-chart-for-families-and-individuals-at-a-glance
  - Related column excerpt:
    - “You can find more information about the EITC and the CTC at their respective IRS.gov webpages. Details of other tax credits (including the Credit for Other Dependents and the Adoption Credit) also can be found at IRS.gov, and the IRS Interactive Tax Assistant tool can help you determine if you are eligible for the credits.”
IRS: Interactive Tax Assistant (ITA)
- https://www.irs.gov/help/ita
  - Related column excerpt:
    - “You can find more information about the EITC and the CTC at their respective IRS.gov webpages. Details of other tax credits (including the Credit for Other Dependents and the Adoption Credit) also can be found at IRS.gov, and the IRS Interactive Tax Assistant tool can help you determine if you are eligible for the credits.”
IRS: Prior year forms and instructions
- https://www.irs.gov/forms-pubs/prior-year
  - Related column excerpt:
    - “If this applies to you, you’ll need to claim your refund by filing your 2022 tax return. To get the appropriate 2022 Form 1040, go to the IRS.gov Forms & Instructions webpage and select ‘Prior Year’ or call 800-TAX-FORM (800-829-3676).”
IRS: Get your tax records and transcripts
- https://www.irs.gov/individuals/get-transcript
  - Related column excerpt:
    - “If you are missing key documents (such as W-2s and 1099s), you can request copies from your employer, bank or other payers. Additionally, you can order a free wage and income transcript by using the Get Transcript tool at IRS.gov. If you don’t have an individual online IRS account, you will need to create one.”
IRS: Get Free Tax Prep Help
- https://freetaxassistance.for.irs.gov/s/sitelocator
  - Related column excerpt:
    - “If you need to file for 2022, don’t wait. To get assistance, try using the IRS’s Volunteer Income Tax Assistance and Tax Counseling for the Elderly Locator tool or the AARP Tax-Aide Site Locator tool, both found on the IRS.gov website.”
AARP Foundation Tax-Aide Locator
- https://www.irs.gov/individuals/free-tax-return-preparation-for-qualifying-taxpayers
  - Related column excerpt:
    - “If you need to file for 2022, don’t wait. To get assistance, try using the IRS’s Volunteer Income Tax Assistance and Tax Counseling for the Elderly Locator tool or the AARP Tax-Aide Site Locator tool, both found on the IRS.gov website.”