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Deadline Looms: Over $1 Billion in Tax Refunds Await Unclaimed Across America
Unclaimed Tax Refunds: Urgent Reminder as May 17 Deadline Approaches
According to FoxBusiness, As the May 17 deadline gets closer nearly 1 million Americans still haven’t filed their tax refunds for 2020. This means there’s more than $1 billion in refunds waiting with the IRS. The average refund for 2020 is $932. The states with the most people who might get refunds are Texas, California, Florida, and New York.
The IRS estimates show that many people in California, Texas, Florida, and New York could be owed refunds. These states have a lot of people who haven’t claimed their refunds yet. It’s a big issue all across the country. The deadline is coming up fast so it’s important for people to file their returns quickly to make sure they don’t miss out on getting their refunds.
Millions at Stake: Urgent Call to Claim Over $1 Billion in Unclaimed Tax Refunds Before Deadline (PHOTO: GOOGLE)
Unclaimed Tax Refunds: Average Potential Refunds Exceed $900 Across States, Urging Timely Filing
The IRS data also gives us a look at how much money is waiting in each state. Even in states with fewer people eligible for refunds the average potential refund is still more than $900. This shows how important it is for everyone to file their returns before the deadline. It’s the only way to make sure they get the money they’re owed.
READ ALSO: Nearly 25,000 New Jerseyans Could Lose $27.4 Million In Tax Refunds – Are You Eligible?
