51,000 New Yorkers are owed $1,000 average tax refunds each from 2020, totaling nearly $61 million in unclaimed funds.

51,000 New Yorkers are owed a $1,000 average tax refund each from 2020, amounting to nearly $61 million in unclaimed funds. The IRS is holding over $1 billion in unclaimed refunds for approximately 940,000 people across the US for tax year 2020. Taxpayers have until May 17, 2024, to file their tax returns and claim their refunds; otherwise, the money becomes the property of the U.S. Treasury.

May 06, 2024
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