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Claim Your Share of $12.5M in Unclaimed Refunds: IRS Urges South Carolinians to Act Now – 11,900 Still Eligible for $840 Average Refund

(photo: AOL.com)

Claim Your Unclaimed Refunds in South Carolina Before May 17 Deadline!

South Carolina Residents Urged to Claim $12.5 Million in Unclaimed Refunds by May 17!

The IRS warns South Carolina residents to claim their $12.5 million in unclaimed refunds by May 17. Nearly 11,900 South Carolinians still need to file their 2020 tax returns to receive an average refund of $840. IRS Commissioner Danny Werfel advises individuals to file soon as there’s no penalty for late claims. After the deadline, unclaimed refunds will go to the U.S. Treasury, according to the report of The State.

If you’re missing tax forms like W-2s or 1099s, request copies from your employer or bank. Use the Get Transcript Online tool on IRS.gov or file Form 4506-T for a transcript. Eligible residents can seek assistance from the Tax Clinic at the University of South Carolina Rice School of Law for refunds.

READ ALSO: International Revenue Service Set To Triple Audit Rates For Big Corporations, Partnerships, And High-Income Individuals With $80B Funding Boost – What You Need To Know!

(photo: AOL.com)

South Carolina Urged to Claim Unclaimed COVID Stimulus Payments: Act Before It’s Too Late!

Furthermore, approximately 85,000 South Carolina taxpayers have not claimed their COVID-era stimulus payments. These payments, ranging from $1,200 to $1,400 per person, were issued in 2020 and 2021. Individuals can check their eligibility and claim their payments through the IRS Online Account or seek help from the USC Tax Clinic.

READ ALSO: $33.3 Billion Burden And 376,000 Potential Job Losses: President Biden’s Veto Spurs Debate On NLRB Rule Affecting Franchise Workers – What To Know!

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