Claim Your Share: File 2020 Taxes Now for Unclaimed Refunds and Tax Credits!

Unclaimed Tax Refunds: Don’t Miss Out on Your Share of $1 Billion

Maximize Your Refund: Why Filing Your 2020 Taxes Before May 17, 2024, is Crucial

According to Kiplinger, Millions of Americans in the U.S. might have forgotten to claim about $1 billion in tax refunds, says the IRS. If you haven’t filed your 2020 taxes yet, you could be missing out on money owed to you. The deadline to file for 2020 is coming up on May 17, 2024. If you miss this deadline, you might lose your refund.

On average, Americans who haven’t claimed their refund for 2020 could get around $932 back, but some might get even more. Many Americans, especially students and part-time workers with low incomes, might not realize they’re eligible for refunds.

READ ALSO: Over $1 Billion At Stake: Nearly 940,000 Americans Risk Losing Out On Tax Refunds As May 17 Deadline Looms – Act Now!

Claim Your Share: File 2020 Taxes Now for Unclaimed Refunds and Tax Credits! (PHOTO: Fox 10)

Unlock Your Tax Credits: IRS Offers Free Tools and Services for Unfiled 2020 Taxes

Failing to file your 2020 taxes could lead to missing out on important tax credits like the Earned Income Tax Credit (EITC) and the Recovery Rebate Credit. These credits have the potential to substantially increase your refund, especially if you have a modest income. To support individuals who have not yet filed, the IRS offers a range of free tools and services, including online resources and complimentary tax preparation assistance through programs like VITA and Tax Counseling for the Elderly.

READ ALSO:$1.6 Million In Unclaimed Property Tax Refunds: Riverside County Urges Residents To Act Before August 1 Deadline