Yes! You (they) must file a tax return to get the money. There is usually no penalty for failure to file, if you are due a refund. But, if you wait too long to file a return or otherwise claim a refund, you risk losing your refund altogether. And they need to indicate on their returns that they can be claimed as a dependent.
In most cases, an original return claiming a refund must be filed within three years of its due date for the IRS to issue a refund. Generally, after the three-year window closes, the IRS can neither send a refund for the specific tax year. nor apply any credits, including overpayments of estimated or withholding taxes, to other tax years that are underpaid.
Here, you’ll find the right TurboTax product to file tax returns for a prior year.
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