The IRS estimates that 1.5 million Americans are entitled to 2019 federal tax refunds that they have not claimed. The deadline to still file a 2019 return is July 17, 2023 and after that date, any unclaimed refunds become the property of the U.S. Treasury.
Even if you owed little or no tax for 2019, you may still be entitled to an IRS refund if you qualified for a refundable tax credit, such as the Earned Income Tax Credit (EITC) or Affordable Care Act Premium Tax Credit (PTC). The IRS estimates that not including refundable credits, the median unclaimed 2019 refund is $893, which means that half of the available refunds are greater than that amount.
Our tax professionals at RTW Xxact Enterprises can help you determine your eligibility for 2019 tax credits, prepare a 2019 tax return and file the return.