Unclaimed tax refunds totaling about $1 billion remain unclaimed at the IRS because millions of taxpayers haven’t filed their tax returns for the 2021 tax year. (In other words, you might have money waiting for you and not even know it).
As former IRS Commissioner Danny Werfel has said, “Many people may have overlooked or forgotten about these refunds.” As a result, the IRS recommends taxpayers start soon to ensure they don’t miss out.
