Act Now: Claim Your Unclaimed 2020 Tax Refunds Before It’s Too Late
Don’t Miss Out: Deadline Approaching to Secure Your Share of Unclaimed IRS Refunds
According to published article of fingerlakes1, In a surprising turn of events it has come to light that the IRS may owe you money from your 2020 tax return including the unclaimed 2020 Recovery Rebate Credit. With time running out the deadline to secure your rightful 2020 tax refunds is rapidly approaching. The IRS is set to disclose the total of unclaimed refunds from the previous year reminiscent of the staggering $1.5 billion left unclaimed in the preceding tax season with an average refund of $893 per person.
Time is of the Essence: Secure Your Unclaimed IRS Refunds Before They’re Lost to the Treasury
For taxpayers who have yet to file their taxes for 2021 there’s a crucial window until May 17, 2024 to claim any 2020 tax refunds held by the IRS. After a three-year holding period unclaimed refunds transition to the US Treasury underscoring the importance of swift action. Unsure of how to proceed? Filing your prior-year tax return by paper and mailing it to the IRS is the necessary step to claiming what’s rightfully yours including any missed Recovery Rebate Credits from the stimulus checks distributed in 2020 and 2021. Don’t let this opportunity slip away – act now to ensure you receive the refunds you’re entitled to.
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