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Deadline Approaching for $1 Billion in Unclaimed IRS Refunds



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Unclaimed tax refunds totaling about $1 billion remain unclaimed at the IRS because millions of taxpayers haven’t filed tax returns for the 2020 tax year. (In other words, you might have money waiting for you and not even know it.)

“There’s money remaining on the table for hundreds of thousands of people who haven’t filed 2020 tax returns,” IRS Commissioner Danny Werfel said in a release. “We want taxpayers to claim these refunds, but time is running out for people who may have overlooked or forgotten about these refunds.”