IRS tax refunds: Are you eligible for up to $1,700? Check step-by-step guide to claim

The Internal Revenue Service (IRS) has urged taxpayers to submit their tax returns before the April 15 deadline, highlighting potential refunds of up to $1,700 for eligible individuals. These refunds are primarily attributed to the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC), which are designed to support low to moderate-income families. Taxpayers who file electronically can expect to receive their refunds as early as late February, while those submitting paper returns may face delays. It is crucial for taxpayers to ensure they meet the eligibility criteria for these credits to claim the maximum refund. Understanding the step-by-step process for filing claims can significantly benefit those looking to maximize their tax refunds this season.
Originally reported by LiveMint. Read original article
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