Know if You Owe
If you file your 2015 tax return and find that you owe, you can negotiate a payment plan with the IRS. Low and moderate income workers can take advantage of the Earned Income Tax Credit (EITC) and Earned Income Credit (EIC) which can reduce or eliminate your tax bill, with any leftover amounts refunded to you. The credit was worth up to $6,242 for the 2015 tax season, based on income and family size.
Everyone with earned income for the year is required to file a return, and doing so keeps you in good standing with the government. It also prevents someone else from using your identity to claim your refund – money withheld from your paycheck.
So, if you overlooked filing your 2015 income tax return it’s a good idea to file now. April 15 will be here soon and some of that $1.4 billion could be yours.
Why Jackson Hewitt®?
Our Tax Pros will answer your questions, provide tax tips, and help you get smarter about your money.
Jackson Hewitt is a leader in the tax industry, having prepared millions of tax returns in more than 35 years.
We’re committed to helping you, fast and efficiently. Taxes done how you want and when you want.