Over $1 Billion Unclaimed Tax Refunds Await Florida Residents – What To Do To Claim The Money!

Here’s how you can get a hold of the unclaimed tax refunds from the IRS.

Florida residents should specifically know these details about the unclaimed tax refunds. (Photo: Palestine Herald-Press)

Florida’s Unclaimed Tax Refunds

There are over $1 billion in unclaimed tax refunds from the 2020 tax year, with almost 940,000 people yet to file their returns.

Florida residents are owed $58.2 million in potential unclaimed tax refunds, with an average median refund of $891.

The national average unclaimed tax refunds for 2020 is $932. Taxpayers have until May 17, 2024, to claim their 2020 unclaimed tax refunds.

To get the necessary documents for the said unclaimed tax refunds, you can request copies from your employer or the IRS online or by mail.

According to a published article by SmartNews, it’s important to act promptly to claim your unclaimed tax refunds before the deadline passes.

Make sure to gather all the required paperwork and double-check your eligibility for the said unclaimed tax refunds. If you have any questions or need assistance, don’t hesitate to reach out to the IRS for help.

More Information About The Unclaimed Tax Refunds

In a published article by the Daily Mail Online, almost one million individuals in the US have unclaimed tax refunds from the 2020 tax year, with an average refund amount of $932.

The deadline to claim these refunds is typically three years, with the deadline extended due to the pandemic. Texans are owed the highest total amount of refunds, with an estimated 93,400 residents owed $107.1 million.

The IRS is urging eligible individuals to claim their refunds before the deadline to avoid losing the money to the US Treasury. To be eligible, individuals must have been US citizens or residents in 2020, not be a dependent of another taxpayer, and have a social security number issued before the tax return’s due date.

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