IRS says 940,000 people have not claimed expiring 2020 tax refunds totaling over 1B
The new budget shows the Democrat's priorities. The IRS is warning taxpayers that they may be leaving more than 1 billion on the table. The federal tax collector said Monday that roughly 940,000 people in the U.S. have until May 17 to submit tax returns for unclaimed refunds for tax year 2020, which total more than 1 billion nationwide. The average median refund is 932 for 2020. Texas (93,400), California (88,200), Florida (53,200) and New York (51,400) have the largest number of people potentially eligible for these refunds. JIM JORDAN OPENS INVESTIGATION INTO ACCUSATIONS IRS IS USING AI TO SPY ON TAXPAYERS'EN MASSE' IRS Commissioner Danny Werfel said in a statement: "We want taxpayers to claim these refunds, but time is running out for people who may have overlooked or forgotten about these refunds.
Mar-26-2024, 15:30:26 GMT
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