What are the potential benefits of filing a tax return?
Even if you are not required to file taxes, haven’t filed before, or didn’t make much money during the year you could qualify for payments from the IRS! You are especially likely to qualify for tax credits and direct cash payments if you have children that you care for.
Some states, including California, Colorado, and New Jersey, have tax credits and direct cash payments for people who did not work during the year.
You’ll need to file a tax return to claim these payments and receive your refund.
Many people also file taxes to serve as useful documentation when applying for other benefits, like financial aid for college or other types of loans.
Our support team is happy to help you explore whether tax filing might be right for you! Please reach out to our support team by clicking “chat with us” at the bottom of your screen.