Billions in Unclaimed Tax Refunds: Floridians Urged to Act Before May 17 Deadline
Americans Encouraged to Claim 2020 Tax Refunds
Florida residents, along with many others across the country might have money waiting for them in the form of tax refunds from 2020, according to the published article of Tallahassee Democrat. The IRS says there’s over $58 million in unclaimed refunds in Florida alone with more than $1 billion unclaimed nationally. Americans need to check if they’re owed money and file their tax returns by May 17, 2024 to claim their tax refunds.
The deadline to claim tax refunds from 2020 is May 17, 2024. This gives Americans three years to file their returns and get their money back. If you’re missing important forms like W-2s or 1099s you can ask your employer or financial institution for copies. The IRS also has online resources to help you get the documents you need.
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Billions in Unclaimed Tax Refunds: Floridians Urged to Act Before May 17 Deadline. (photo: www.tallahassee.com)
Countdown to Tax Season 2024: Ensure Timely Tax Refunds by Staying Updated
Looking ahead, the deadline for the 2024 tax season is April 15, 2024. The IRS expects over 128.7 million individual tax returns to be filed by then. So far, more than 71.5 million filings have already been submitted. It’s important to not only file for 2020 but also make sure your taxes are up to date for 2021 and 2022 to avoid any issues with getting your tax refunds on time.
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