Important Reminder for Californians: File Your 2021 Taxes to Claim Your Refund
As the deadline approaches, Californians are reminded that failing to file their 2021 taxes by April 15 could mean missing out on a substantial refund. The IRS is currently holding approximately $92.3 million for 116,300 taxpayers in California who have yet to submit their returns. The median refund stands at $600, a sum that could make a significant difference to many households. This is a critical reminder to act promptly to ensure you receive the funds you are entitled to.
Checking Your Eligibility and Potential Benefits
To determine if you qualify for a refund, the IRS2Go mobile app offers a convenient solution. This app allows you to check your eligibility, monitor your refund status, and even access free tax services. Additionally, low to moderate-income workers may be eligible for the Earned Income Tax Credit (EITC), a refundable tax break designed to support working individuals and families. The EITC can significantly boost your refund, especially if you have children or dependents. In 2021, qualifying taxpayers with children could receive up to $6,728. The EITC Assistant on the IRS website provides a user-friendly tool to check your eligibility without requiring sensitive personal information.
Consequences of Missing the April 15 Deadline
It is crucial to be aware of the repercussions of missing the deadline. Any unclaimed refunds revert to the U.S. Treasury, and you may also face a reduced refund if you owe taxes, have unpaid child support, or outstanding student loans. Additionally, failing to file your 2022 and 2023 taxes could further affect your refund. Ensuring timely filing is essential to avoid these penalties and secure your entitled refund.
Obtaining Necessary Documents for Filing
Gathering the required documents is a key step in the tax filing process. Creating an IRS online account allows you to access past tax records, transcripts, and wage statements. For physical copies, submitting Form 4506 to the IRS can provide the necessary documents. Missing forms, such as W-2s, can be requested from employers or financial institutions. The IRS also offers transcripts by mail or phone through their automated service, ensuring you can obtain the documents needed without delays.
Free Tax Services Across Los Angeles County
For those seeking assistance, free tax services are available in Los Angeles County for individuals earning under $67,000 annually. Programs like Free Tax Prep L.A. and the Volunteer Income Tax Assistance (VITA) offer IRS-certified volunteers to guide you through the filing process. Clinics at universities such as UCLA, Cal State Long Beach, and Cal State L.A. provide additional support, with some locations offering Spanish and Armenian interpretation. The Sunland-Tujunga Branch Library is another option, providing services until April 12. Remember to bring essential documents like your ID, Social Security card, and income forms to your appointment.
Avoiding Scams and Protecting Your Information
As tax season progresses, it is vital to remain vigilant against scams. The IRS will never contact you via social media, threaten law enforcement, or offer gift cards. If you suspect a scam, reporting it to the Federal Trade Commission’s IdentityTheft.gov is a crucial step. Protecting your personal information and being cautious of unsolicited communications will help you avoid potential fraud. Stay informed and ensure your tax filing process is both secure and efficient.
