The IRS estimates that almost $1.5 billion in refunds remain unclaimed.
If you forgot to file your taxes during the early days of the COVID-19 pandemic in 2020, you have until Monday to do so.
By law, taxpayers normally have three years to file and claim their tax refunds. The original tax day in 2020 was delayed by 90 days due to the pandemic, so the usual three-year window has also been pushed back to July 17.If taxpayers don't file in time, Treasury keeps the money.The 2019 return must be filed on paper, rather than electronically, and be postmarked by July 17.
Taxpayers who can't find their 2019 income information may need to request a copy of their 2019 W-2 form from their employer or bank. They can also request a wage and income transcript at IRS.gov using the Get Transcript Online tool.The IRS estimates the average unclaimed refund for tax year 2019 amounts to $893.
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