Ever wondered if you’re missing out on some potential tax refunds for the year 2023? Well, the IRS has already wrapped up its 2023 tax year, unless you’ve snagged an extension until October 2024. But hey, if you’re thinking, “Wait, do I have unclaimed cash waiting for me?” — you’re not alone!
Unclaimed Tax Dough
So, here’s the deal: The IRS has recently spilled the beans about having over a billion dollars set aside for tax refunds. And guess what? They’re aiming this stash at folks who missed filing their taxes for 2020 and 2021. Yeah, those years were pretty rough with the whole Covid-19 chaos and all.
Time to Act: Claim Your Slice of the Pie
Picture this: nearly 940,000 taxpayers didn’t file their federal tax returns in 2020. The good news? You’ve got until May 17 to jump on that refund train. But after that, it’s like the door slams shut. So, with the clock ticking, it’s time to hustle and get your hands on that sweet refund money.
Kemberley Washington, a former IRS sleuth turned Certified Public Accountant, wants you to know that this is urgent stuff. “If you snooze on claiming your tax refund, it goes back to Uncle Sam. And trust me, you’ve only got three years to grab it before it vanishes into thin air.”
Spotting Unclaimed Bucks
But how do you know if the IRS owes you some dough? Well, apart from potential tax refunds, there’s also the Recovery Rebate Credit if you scored some Covid-19 stimulus checks. Washington suggests leaving no stone unturned when it comes to getting back what’s rightfully yours.
She says, “Even if you didn’t get the full stimulus or just a part of it, there’s still money waiting for you. And it’s not just about the stimulus — think about other tax credits like the child tax credit.”
Steps to Claim Your Moolah
Need a hand with those overdue tax returns? Hit up the IRS hotline at 800-829-1040 or 800-829-4059. Alternatively, fill out Form 4506-T, the Request for Transcript of Tax Return, and don’t forget to tick that box on line eight.
And hey, if you need some tax-filing guidance, just dial 800-TAX-FORM (800-829-3676) to get those helpful IRS guides.
Snagging Your Unclaimed IRS Cash
Grab your phone and dial those numbers (800-829-1040 or 800-829-4059) to connect with someone who can help you snag your refund.
And if you’re feeling a bit lost in the tax maze, consider reaching out to lawyers or tax gurus who can decode all those rules and tell you if there’s money with your name on it. Sure, they might charge a fee, but hey, peace of mind is priceless, right?
Reclaim Your Cash Today!
There’s a pot of gold waiting for you in the form of unclaimed tax refunds, so don’t let it slip through your fingers. Take charge, find out if you’re owed some cash, and kickstart that claims process. Time’s a-tickin’, and by acting fast, you could be on your way to easing those financial woes.