As of today, there are still about 1.5 million people in the United States who can claim a tax refund of up to $900.00. The Internal Revenue Service (IRS) has reminded who qualifies and how to proceed.The IRS has made it clear that people haven’t yet received their economic benefit because they didn’t file their 2019 tax returns. The average refund is $893.00, which isn’t a significant amount, especially in these times.
The deadline to claim a refund is July 17th. Of course, taxpayers will have to file their 2019 tax return first.
“Time is running out for those people who may have a pending refund,” said IRS Commissioner Danny Werfel.
The deadline ends July 17 for taxpayers who have not filed a tax return for 2019.
The IRS continues to encourage those who missed filing taxes during the pandemic to act quickly. Don’t miss your last chance to claim a big refund.
Three years: wait for the key number
The law states that taxpayers have three years to file and claim back tax refunds.
If the return is not filed within that period, the funds pass to the Treasury Department From the United States of America. The year-end report 2019 is an exception due to the Covid-19 pandemic that affected the world in that period.
You should also not forget that low- and moderate-income working taxpayers may be eligible for the Earned Income Tax Credit (EITC).
During fiscal year 2019, said tax credit was $6,557.00. In this case, they also have until July 17 to claim it when filing the return for 2019.
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