Some 1 million Americans could be missing out on tax refunds for 2020, the year the COVID-19 pandemic began, according to the IRS.
That’s because those people have not filed their 2020 tax returns, and they face a May 17 deadline to do so, the agency said.
April 15 is the customary filing deadline for people to collect old refunds — taxpayers have three years after the filing due date to file and claim any money entitled to them — but the IRS made an exception for 2020 because of the health emergency.
Read more at Newsmax© 2024 Newsmax. All rights reserved.