Nearly 1M Americans could miss out on tax refunds
Tax season is upon us — ICYMI: the federal deadline to file is April 15 — and the average refund so far this year is $3.1K — almost enough to cover a month of rent in Manhattan.
But as Americans receive their 2023 refunds from Uncle Sam, there are still 940K refunds from 2020 that have gone unclaimed, and are about to expire.
Even master procrastinators might wanna get a move on this: the IRS said taxpayers may be leaving $1B+ on the table.
If the people who haven't yet claimed their refunds don't submit their returns by May 17, they'll never be able to get the $$ they're owed.
Their unclaimed refund will go to the US Treasury. Womp.
Even master procrastinators might wanna get a move on this: the IRS said taxpayers may be leaving $1B+ on the table.
If the people who haven't yet claimed their refunds don't submit their returns by May 17, they'll never be able to get the $$ they're owed.
Their unclaimed refund will go to the US Treasury. Womp.
