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Some taxpayers are not required to file federal tax returns, generally because their income falls below the filing threshold. However, choosing not to file a return may mean missing out on a tax refund. Therefore, the IRS urges all Americans who may qualify for a tax refund to file a 2021 return by the extension filing deadline of October 17, 2022 or earlier if possible.
Even if you had no tax withheld from your pay in 2021 and made no estimated tax payments, you may still be entitled to a refund if you qualify for certain federal tax credits, including:
Both of these credits are fully refundable, meaning that if you qualify, you may receive the credit as an IRS refund even if you owe no tax for 2021.
The CTC is fully refundable, while the AOTC is partially refundable.
You may also be eligible for a federal tax refund if your employer(s) withheld taxes from your paychecks, or if you made estimated tax payments at any time in 2021.