IRS Says You Have Until May 17 to Get Unclaimed Refunds: 'Money on the Table'

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IRS Says You Have Until May 17 to Get Unclaimed Refunds: 'Money on the Table'
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Data from the IRS shows that Texas is leading the pack with an estimated 93,400 unfiled tax returns that total upwards of $107 million. California isn't too far behind, with an estimated 88,200 unfiled returns that are worth a collective total of $94 million. In third and fourth place are Florida and New York, with 53,200 and 51,400 unfiled returns, respectively. At fifth is Pennsylvania, with 38,600.

In most circumstances, individuals have three years to file and claim their tax returns. However, the year 2020 was by no means typical. Due to the COVID-19 pandemic, the IRS pushed the April 15, 2024 deadline to May 17, 2024, giving tax filers an extra month-long cushion to sort out their returns. "People faced extremely unusual situations during the pandemic, which may have led some people to forget about a potential refund on their 2020 tax returns," Werfel said.

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