March 26, 2024

TYLER, Texas (KETK) – This year, the deadline to file your taxes is April 18 instead of the standard April 15.

In the last two years of the pandemic, millions of families have relied on their tax returns to tap into critical government relief. There’s much to look out for to get your correct refund. For one, many Americans started receiving advance payments for the child tax credit last year. 

“Taxpayers will need to know the advance payments they’ve received already in order to report that on their return for 2021 and be able to claim any remaining credit,” said UT Tyler Lecturer of Accounting and CPA, Jennifer Reynolds.

Another thing to look out for is the economic stimulus payment which the third round was paid out in 2021.

“Quite a few people never received it because they were dependent the year before or their income requirement was different. So, if they did not receive that economic payment in 2021, they can claim that as something called the Recovery Rebate Credit on their 2021 tax return,” said Reynolds.

Even if you do not owe taxes, filing a 2021 return can help you claim that credit. The Better Business Bureau of East Texas offers ways to file your taxes safely this year.

“One of the ways to make sure that you don’t get scammed is to simply file your taxes early. This gives scammers less of an opportunity to try and file under your name,”…

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