Wednesday, October 23

Tomorrow is the last day to file 2020 taxes, don't miss your refund


It is important that you take into account that just as declaring and paying taxes is an obligation that every American must fulfill, it is also a Right for the IRS to provide you with a refund, whether it be a few dollars or more than $ 2, 000 Dollars

Mañana es el último día para declarar los impuestos 2020, no dejes pasar tu reembolso
Refunds have been delayed due to lack of staff at the IRS, so if they owe you, you should be patient to receive them.

Photo: Karolina Grabowska / Pexels

Luis Diaz

In a few hours the tax filing season will finally end and perhaps millions of Americans will comply the last day their tax obligations , meanwhile, others will not be able and will have to request an extension of the term for not to be penalized or, failing that, not to be fined severely .

The Internal Revenue Service (IRS) reported that until May 5 it had received 126 millions of tax returns. However, this large number does not represent the entire universe of taxpayers that exists throughout the country. A few days ago the federal agency said missing 40 millions to declare .

Many Americans lose sight of the fact that one of the positive reasons for filing is refunds, which in Many cases give them sums that would allow them to start saving and more so now that job creation is rebounding little by little.

For this reason, no one would be disappointed to have, at least $ 2, 800 product dollars refunds as an initial sum to start our savings fund. This figure, according to the IRS is the average amount that they are giving reimbursement to taxpayers, perhaps some have more or others less, but that is the average.

The pandemic made millions of citizens use their savings as an economic emergency fund, which is no small thing. Therefore, if you have not yet declared your taxes, you can still do it and more thinking that you can recover some of the money you paid in the invoice destined for the Internal Revenue Service.

It is important that you take into account that just as declaring and paying taxes is an obligation that every American must comply, also is a right that the IRS provide you with a refund , be it a few dollars or more than $ 2, 000 Dollars .

Those who file tomorrow should take into account that, probably, their tax refund will arrive late to their bank account or in the form of a check to their mailbox. For months the IRS reported that it had a delay in refunds due to past return processing reasons .

Under this scenario, you need to be patient for the expected refund. If you declare tomorrow, it is recommended that you do so digitally because this makes it easier for the IRS to process your document in the system and, therefore, you will be granted the amount owed to you more quickly.

In case you are stuck with your return, it is suggested that you use tax preparation platforms, which speed up the process and make the calculation of the amount to pay and return is faster. Now, if you prefer face-to-face help, in various Walmart there are tax offices that will help you , even on Sunday.

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