Millions in Unclaimed Tax Refunds From 2022 Set to Expire Soon

Millions in unclaimed tax refunds from 2022 set to expire soon

The IRS warns that approximately $1.2 billion in federal tax refunds from 2022 remain unclaimed. More than 1.3 million people who did not file 2022 federal income tax returns are potentially owed a refund. The big picture: The estimated median refund is $686, with some filers eligible for additional credits, such as the Earned Income Tax Credit, which was up to $6,935 for 2022. California and Texas have the highest numbers of unfiled returns, w…

Over 1.4M taxpayers now facing tax refund delays

Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.

IRS Issues Urgent Warning Over $1.2 Billion in Unclaimed Refunds: 'Time Is Running Out'

Taxpayers who haven't filed their 2022 taxes could still be eligible for a tax refund, but they'll have to file their return by April 15 or they'll lose their money.