Claim Your Share: Act Now to Retrieve Over $1 Billion in Unclaimed Tax Refunds
Don’t Miss Out on Your Average $932 Tax Refund Before the May 17 Deadline
According to Best Life, the IRS is giving money back to people who paid too much or made mistakes on their taxes, which is good news for taxpayers. But, there’s a big chunk of money over $1 billion in unclaimed tax refunds that’s still waiting because nearly a million Americans haven’t filed their 2020 tax returns yet. This means lots of people might be missing out on getting back about $932 on average, which could help them out.
Places like Texas and California have the most unfiled tax returns with millions of dollars sitting around waiting for their owners. The head of the IRS, Danny Werfel, says it’s really important for folks to act fast because May 17 is the last day to get their unclaimed tax refunds. He thinks some Americans might have forgotten about their refunds because of the pandemic so he’s telling people to check their records and get all their documents together quickly. If they don’t, their refunds will just go into the government’s money pot.
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Over $1 Billion in Unclaimed Tax Refunds: Act Now to Avoid Missing Out on $932 Average! (PHOTO: Fingerlakes1.com)
How to Get Your Unclaimed Tax Refund Before May 17 Deadline
Furthermore, if you’re one of those people who haven’t filed your 2020 taxes yet you’ll need to find important papers like your W-2 form from work or any other documents that show what money you made or paid in taxes. You can ask your boss or bank for these papers or use a tool from the IRS to get them for free. Just make sure you do it before May 17 or else you’ll miss out on getting some unclaimed tax refund money back in your pocket.
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