IRS Urges Taxpayers to Claim 2020 Tax Refunds by May 17 to Avoid Losing Over $1 Billion
New York Residents Risk Missing Out on $61 Million in Unclaimed Tax Refunds – Act Now to Secure Your Money
According to New York Daily News, the IRS is telling Americans to hurry up and get their 2020 tax refunds before May 17 or they might lose out on over $1 billion. Lots of folks in New York alone are missing out on about $61 million in tax refunds. This is money that belongs to them but they need to check if they filed their taxes right.
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Don’t Miss Your 2020 Tax Refunds: COVID-19 Extension Ends Soon – Claim Your Average $932 Now or Risk Losing It to the Government
Because of COVID-19 the IRS gave New Yorkers more time to claim their 2020 tax refunds. But now time’s almost up. On average New Yorkers are missing out on about $932 across the country and even more in New York. Some New Yorkers might even qualify for extra money through the Earned Income Tax Credit. If you haven’t filed your taxes for 2020 yet you should do it now. The IRS has a website where you can check if you’re owed any money. But remember if you missed filing your taxes in the following years you might not get your 2020 tax refunds. Don’t wait too long or the money could go back to the government.