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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.
Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which can include uncashed paychecks, refunds ...
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 ...
According to the IRS, Florida has the 4th largest amount of unclaimed refunds, behind Texas ($107.1 million), California ($94.2 million) and New York ($60.4 million).
"This money held by your state could be from bank accounts, insurance policies, tax refunds and more. If you have lived in other states, don’t forget to check their unclaimed property offices ...
The states with the most taxpayers with unclaimed refunds are California (144,700), Texas (135,300), Florida (89,300), New York (81,600), and Pennsylvania (56,000). How to file an old return You ...
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