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In an announcement on March 25, 2024, the IRS said that more than $1 billion in refunds for tax year 2020 are still unclaimed, involving 940,000 taxpayers. The average median refund is $932 for 2020.
In New Jersey, it's estimated that 24,400 people may be entitled to an unclaimed tax refund from 2020, with the median refund sitting at $920. IRS has $1 billion in unclaimed tax refunds from 2020 ...
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 ...
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 totals more than $1 billion nationwide. The average median refund is $932 for 2020.
The agency said this week that more than $1 billion in unclaimed refunds for tax filing year 2020 are sitting in its coffers, and that it's still possible for eligible filers to claim.
There may be a way to lift that weight off of households' shoulders, as according to the IRS more than $1 billion in federal tax refunds are still unclaimed from COVID-19 era policy.
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