The deadline to file your taxes this year is April 18, 2022. Support is available through online chat. If you don’t qualify for free tax help through these services, you can file your own taxes for free using. Contact your local Volunteer Income Tax Assistance (VITA) or AARP Foundation’s Tax-Aide site to get free tax help from an IRS-certified volunteer.Visit Code for America’s Get Your Refund website to connect with an IRS-certified volunteer that can virtually help you file your taxes for free.If you need free help claiming your EITC and ACTC, you can: Have your 2019 tax return available when you do your taxes this year to make it easier. Use free tax help to maximize your hard-earned dollars and keep more of your money in your pocket. Where can I get tax help?Įvery dollar counts. If you didn’t get your stimulus checks, you can still claim them as tax credits. What other tax benefits should I look out for? There are many options available to file for free! If you are filing your own taxes, the EITC Estimator can be a starting point to help assess whether the lookback is a good option for you. This is especially true if you received unemployment insurance in 2019 or 2021 or if you had self-employment earnings during either year. Depending on your financial situation, the lookback may be complex to calculate. Once you have both figures, it is best to find professional tax help. It does not include unemployment insurance. If your 2021 earnings were higher than in 2019, you must use your 2021 income.Įarned income ( not Adjusted Gross Income – AGI) can be from wages, salary, tips, employer-based disability, self-employment income, military pay, or union strike benefits. If you earned less in 2021 than in 2019, then you can choose which income to use. How do I know which year’s income to use?įor the lookback, you’ll first need to know your total earned income – not Adjusted Gross Income (AGI) – from 2019 and the year you’re filing taxes. If you’ve gotten the EITC in the past and are unsure of what to expect because of employment changes, don’t worry! You may still be eligible for a sizeable refund with the lookback option. This could be from receiving unemployment (which doesn’t count as earned income for the EITC), losing a job, or earning less money in 2020. Without the lookback option, many would be eligible for smaller tax credits or not qualify at all. This could be from receiving unemployment (which doesn’t count as earned income for the EITC), losing a job, or earning less money in 2020 or 2021. You can claim the credits whether you’re single or married. The EITC is available for people with and without children (see EITC eligibility) even if you don’t owe taxes.įor Tax Year 2020 and Tax Year 2021, if you earned more in 2019, you can “lookback” to use your 2019 income when claiming the EITC on your taxes. The Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) are credits that lower your taxes and can give you a tax refund. Download Black by ClearTax App to file returns from your mobile phone.To support economic relief from the COVID-19 pandemic, Congress passed a new ‘lookback rule’ which means if you earned less in 2020 or 2021, you can use either your 2019 income on your taxes if it helps gets you more money back.įile a tax return to see if you can get more money back this tax season using the ‘lookback rule’. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Clear can also help you in getting your business registered for Goods & Services Tax Law. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Audit Support Guarantee: If you receive an audit letter based on your 2021 TurboTax return, we will provide one-on-one question-and-answer support with a tax professional as requested through our Audit Support Center for audited returns filed with TurboTax for the current tax year (2021) and the past two tax years (2020, 2019). Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.ĬAs, experts and businesses can get GST ready with Clear GST software & certification course. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Just upload your form 16, claim your deductions and get your acknowledgment number online. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.Įfiling Income Tax Returns(ITR) is made easy with Clear platform. Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India.
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