IRS Urges Quick Action: Deadline Approaching for $1 Billion in Unclaimed Tax Refunds
California Taxpayers Alert: $94 Million in Unclaimed Refunds at Risk as Deadline Nears
According to ABC7News, The IRS is telling Americans to act fast with the deadline nearing for filing 2020 taxes and getting refunds. There are over $1 billion in unclaimed refunds across the country and many folks in California could be missing out. Even if you didn’t have to file taxes in 2020 you might still get money back especially if you worked part-time and had taxes taken from your paycheck.
In California alone there’s $94 million waiting to be claimed. But time is running out because of the COVID-19 pandemic. The deadlines for filing taxes got pushed back so now there’s a shorter time to claim refunds. It’s not just about tax refunds either. If you’re eligible for special tax credits you need to act quickly to make sure you don’t miss out on any money.
Don’t Delay: File Your Taxes Now to Secure Unforeseen Refund Opportunities
This is a reminder that filing your taxes sooner rather than later could mean getting some unexpected cash. So if you think you might have money coming to you don’t wait too long to file your taxes and claim your refunds.