More than 9 million individuals and families could be leaving money on the table by not filing a 2021 federal tax return, according to the IRS.
Last week, the federal tax agency began sending letters to those people it had identified who could be missing out on payments through tax credits that could put money in their pockets.
That money includes the third round of stimulus checks worth $1,400 per person, child tax credits of up to $3,600 per child and the earned income tax credit worth up to $1,502 for childless workers, which goes up to $6,728 for filers with three or more children.
Notably, families who received advance monthly child tax credit payments in 2021 for up to half the value of that credit still have to file to receive the rest of the money for which they are eligible.