Taxpayers who haven't filed their returns in a few years still have time to claim any refunds the government owes them — but that window is closing, the Internal Revenue Service said on Wednesday.
Taxpayers who haven't filed their returns in a few years still have time to claim any refunds the government owes them — but that window is closing, the Internal Revenue Service said Wednesday.
"The 2019 tax returns came due during the pandemic, and many people may have overlooked or forgotten about these refunds," IRS Commissioner Danny Werfel said in a statement."We recommend taxpayers start soon to make sure they don't miss out." "We frequently see students, part-time workers, and others with little income, overlook filing a tax return and never realize they may be owed a refund," Werfel said in the statement.Taxpayers usually have three years from the time a tax return is due to claim any refund for that year.
To be sure, taxpayers who file delayed returns may get more or less money back, depending on whether they owe the government money for other reasons. For people behind on other payments,"the refund will be applied to any amounts still owed to the IRS or a state tax agency and may be used to offset unpaid child support or past due federal debts, such as student loans," the IRS said.
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