Arizona taxpayers should act now to claim more than $24 million in refunds for the 2021 tax year.
More than 28,000 Arizona taxpayers are due for their 2021 tax refunds. The IRS estimates a median potential refund per person is estimated at $680.
IRS spokesperson Jeanne Rohrer urges people to act before the April 15 deadline.
“It’s directed at people who did not file a federal tax return in 2021 for whatever reason, they could be eligible for a refund and they don’t even know it,” said Rohrer.
Under the law, taxpayers have three years to file and claim their tax refunds before the money becomes property of the U.S. treasury.
By missing out on a return, people stand to lose more than just their refund. Many low- and moderate-income workers may be eligible for Earned Income Tax Credit, a refundable tax credit.
Rohrer emphasizes taxpayers seeking a refund will be ineligible for their refunds if they have not filed their 2022 and 2023 tax returns.
Current and prior year tax forms can be found on the IRS.gov website.
Rohrer urges people who don’t make enough money to still file their taxes.
“They can get money back, and they could possibly be eligible for some of the credits that they didn’t know about. So, it's a good idea even if you don’t meet the income threshold to go ahead and file the returns anyways,” said Rohrer.
If you have an outstanding refund not claimed by the deadline, the balance will be applied to outstanding debts owed by the taxpayer to the IRS or state tax agency, or be used to offset unpaid child support or other past due federal debuts such as student loans.
“Taxes are complicated,” said Rohrer. “If it seems daunting, you’re not alone. That's why there are professional tax preparers out there that can help you.”
Rohrer says for those who don’t want to pay someone to do their taxes for them, to visit irs.gov/forms-instructions.
“The website is a plethora of information, you can find answers to just about every question you have," Rohrer said.
-
The city of Phoenix is trying to tackle its stray shopping cart problem with a new ordinance aimed at retailers. The Show wanted to know: What would the Cart Narc have to say about this? -
Thursday's verdict, reached in Arizona, “validates the thousands of survivors who have come forward at great personal risk to demand accountability against Uber,” said Sarah London, one of the lawyers representing the plaintiff — who said the company has put the "focus on profit over passenger safety.” -
Phoenix has a reputation, fair or not, of a boom town where old buildings often get demolished. Hit songs were recorded in midtown decades ago. In the 1960s, that success led to construction of what was once the top studio between Dallas and LA. -
The 60-day action plan aims to get the two countries to develop new trade policies for critical minerals, as the United States seeks to reduce its reliance on China. -
In Gov. Katie Hobbs’ proposed budget, she’s calling for the taxable rate on sports betting to be raised to 45% in order to add another $150 million to the state
