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JERSEY CITY, N.J., April 19, 2021 /PRNewswire/ While most taxpayers are focused on submitting their 2020 income returns, Jackson Hewitt Tax Service® is reminding taxpayers who haven t filed a 2017 tax return that this is the last chance to claim this money – before the deadline, when tax season ends on May 17, 2021. According to the Internal Revenue Service, there are an estimated 1.3 million taxpayers who are owed a total of $1.3 billion in unclaimed refunds for tax year 2017. The IRS estimates that the refund amount of more than half of the unfiled returns is greater than $865. The IRS always has a three-year window for filing a federal tax return and 2017 s money is waiting to be claimed. To be clear: this $1.3 billion is just from unclaimed tax refunds for taxpayers who haven t filed yet, even though these taxpayers paid taxes throughout the year through withholdings, said Mark Steber, Chief Tax Information Officer at Jackso
Online tax service Jackson Hewitt gets the job done. It has new, attractive pricing and an option to let a pro prepare your entire return. While its tax coverage is comprehensive, its user interface and help system don’t fare well against the competition.
Jackson Hewitt® Warns Taxpayers that Unemployment Could Affect Eligibility for the Earned Income Tax Credit
The tax services company provides tips about the valuable tax credit on EITC Awareness Day
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JERSEY CITY, N.J., Jan. 21, 2021 /PRNewswire/ To increase eligibility awareness of one of the most overlooked tax credits, the Earned Income Tax Credit (EITC), Jackson Hewitt Tax Service® is participating in this year s EITC Awareness Day, on January 29, 2021.
The EITC is one of the largest tax credits, valued at up to $6,660 for qualifying taxpayers with three or more children. Jackson Hewitt wants taxpayers to know that their EITC eligibility could be affected if they were unemployed or had significant employment changes during 2020.
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JERSEY CITY, N.J., Jan. 19, 2021 /PRNewswire/ Jackson Hewitt Tax Service®, a leading innovator in the tax preparation industry, is offering do-it-yourself tax prep and filing for just $5, including federal and unlimited state returns, to any taxpayer who received unemployment compensation during 2020 or so far in 2021. This promotion for Jackson Hewitt s Online self-service product will begin on January 19, 2021 and end on February 28, 2021.
2020 was a challenging year and Jackson Hewitt is committed to serving hardworking Americans and helping them navigate this unique tax season. Unemployment spared no segment of the population, with more than 60 million Americans collecting unemployment benefits at some point during 2020.