There is a big potential financial refund that thousands of taxpayers from Connecticut may claim. Richard Blumenthal, a United States Senator, found out that a total of $13.4 million of 2011 tax refunds is not yet claimed by Connecticut taxpayers.
Richard Blumenthal stated that the greatest percentage of the returns is owed to taxpayers from Connecticut who did not claim their Earned Federal Income Tax Credit. For the year 2011, the overall credit worth amounted to almost $5,751.
The IRS meanwhile stated that in excess of 13,400 taxpayers from Connecticut have not yet filed their tax returns for the year 2011. The U.S. Senator also stated that Connecticut residents need to know that no penalty fines would be charged for late refund tax return filing as long as they are qualified.
Blumenthal and the IRS want the public to know, that there is a free service available when it comes to income tax preparation. It is readily available on online sites that provide Volunteer Income Tax Assistance for individuals that have a total household income that reaches a total of $53,000. For further assistance, taxpayers are encouraged to call 211, operators will be more than willing to find the best locations.