Home United States USA — Events Millions of Americans Could Lose Nearly $850 in Tax Refund—Here’s Why!

Millions of Americans Could Lose Nearly $850 in Tax Refund—Here’s Why!

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Who doesn’t love some extra cash as a surprise? Well, American taxpayers could get an extra $750-850 in tax refunds this year. The Internal Revenue Service (IRS) has recently announced that more than 1.1 million people across the country have not yet claimed their refunds for tax year 2021.
As per the federal department, more than $1 billion is unclaimed by taxpayers who didn’t file for income tax returns for the 2021 tax year. This translates into an average refund amount of $781. People still have a chance to claim this money by filing their ITR before April 15, 2025.
As per the law, US taxpayers have up to three years to claim their refund from the IRS.

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