Tag: REFUNDS OF $1.5 BILLION
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UNCLAIMED REFUNDS OF $1.5 BILLION
Since some taxpayers didn’t yet submit their 2019 tax forms, about $1.5 billion in refunds stay untouched. According to the law, taxpayers typically have 3 years to file their tax returns and request refunds. The money belongs to the U.S. Treasury if it is not filed within 3 years. However, people have a longer time than…