FILE - A U.S. Department of the Treasury Internal Revenue Service (IRS) 1040 Individual Income Tax form for the 2019 tax year is arranged for a photograph in Tiskilwa, Illinois, U.S., on March 20, 2020.
Photographer: Daniel Acker/Bloomberg via Getty WASHINGTON - The IRS estimates that nearly $1.5 billion in tax refunds remain unclaimed because people haven’t filed their 2019 tax returns yet.
The agency on Thursday encouraged millions of people across the U.S. to submit a tax return to claim their refunds for tax year 2019, estimating that nearly 1.5 million people had yet to do so.
The deadline is July 17, 2023.Under the law, taxpayers typically have three years to file and claim their tax refunds. If they don't file within three years, the IRS said that money becomes the property of the U.S.