2016 extension form if there is a refund

It also provides a record of your work history which is needed to qualify for social security benefits. Your taxes serve as proof of income that you can use in the future for renting a home or applying for loans. Even if you aren’t eligible for tax credits, filing your taxes is beneficial. To claim the credits, all you need to do is file your taxes. If you missed out on your stimulus checks or didn’t get the full amount you are eligible for, you can claim the money as the Recovery Rebate Credit on your tax return. You may still be eligible for tax credits if you receive income from other sources, such as income earned before incarceration or income earned by a spouse who is not incarcerated.Īdditionally, as part of COVID-19 relief, Congress issued three rounds of stimulus checks, which people who are incarcerated are eligible for. Income earned in prison does not qualify for the EITC or the CTC. Even if you are not required to file a tax return, you may still qualify for tax credits like the Earned Income Tax Credit (EITC) and the Child Tax Credit. Tax credits reduce the amount of taxes you owe and may provide a refund at tax time. Here’s what you need to know about filing taxes if you are a returning citizen or currently incarcerated.

Re-entering society can be a challenging time.

2016 extension form if there is a refund