IRS Urges 940,000 Americans to Claim $1 Billion in Unclaimed 2020 Tax Refunds by May 17

The extended deadline comes as a response to the COVID-19 pandemic, with median refunds estimated at $932.

940,000 Americans risk losing over $1 billion in unclaimed 2020 tax refunds if not claimed by May 17.
IRS extends the usual three-year deadline to claim 2020 refunds due to the COVID-19 pandemic.
Eligible taxpayers include those who may have overlooked refunds due to the pandemic's unusual circumstances.
Median refund for unclaimed 2020 tax returns is $932, with some states having tens of thousands eligible for refunds.
Taxpayers must also file 2021 and 2022 returns to receive any 2020 refunds owed.