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$12.5M Owed in Overdue 2020 Tax Refunds to Charleston, SC Residents; Deadline Nears for $1B Nationwide Payout

(photo: Issuu)

Residents in Charleston, South Carolina, are awaiting overdue tax refunds totaling $12.5 million.

Charleston, South Carolina Residents Await Overdue Tax Refunds

Charleston, South Carolina is among the areas where thousands are owed tax refunds from 2020. The IRS owes nearly $12.5 million to residents with the average refund totaling about $840. The deadline to claim these refunds is this Friday, according to the report of WBTW.

In South Carolina, overdue tax refunds are eagerly awaited, but time is running out to claim them. This unique deadline serves as a reminder of the challenges brought by the COVID-19 pandemic.

Nationwide, about 940,000 Americans qualify for $1 billion in refunds for the 2020 tax year. This extension recognizes the pandemic’s impact on taxpayers.

Rodney Foushee from the IRS suggests that the chaotic nature of 2020 may have caused some Americans to forget filing their taxes. He advises using tools to check eligibility and track refund status.

READ ALSO: Nearly 25,000 New Jerseyans Could Lose $27.4 Million In Tax Refunds – Are You Eligible?

(photo: Issuu)

Deadline Approaching to Claim 2020 Tax Refunds and Provide Pandemic Relief

As the deadline nears, taking action is vital. Filing for 2020 tax refunds can greatly aid those facing financial hardships. Friday’s deadline offers an opportunity to correct oversights and offer relief to pandemic-affected individuals.

READ ALSO: 28.9% Drop: Average Tax Refunds Plummet To $1,395 In 2024, IRS Data Reveals – What To Know!

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