The IRS has revealed that approximately $1 billion in tax refunds from the 2021 filing year remain unclaimed due to many eligible individuals failing to file their returns. Taxpayers have a three-year window from the filing deadline to submit a claim or risk losing the funds. The IRS has urged affected taxpayers to quickly file as time is running out. Additionally, the IRS emphasizes that individuals may also be missing refunds if they provided incorrect account information, highlighting the importance of thorough review during the filing process.
If you are owed an IRS refund you didn't know you had, you should take action to get it, as you have a limited time to do so.
The IRS has urged those who might be affected to act quickly and submit their returns, emphasizing that time is running out for them to file.
Collection
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