Embajada Latina

The Internal Revenue Service says it has more than $1.3 billion in unclaimed tax refunds for an estimated 1.3 million people who did not file a 2017 Form 1040 federal income tax return. Remember you can claim it following the steps on IRS.COM, the window to file the 2017 returns is May 17. #irs #embajadlatinacorp #taxes2021

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If you didn’t file a tax return in 2017, you still might be able to file and get a refund. The IRS said Monday that the agency was sitting on $1.3 billion of refunds are due to taxpayers who haven’t filed yet. The law allows taxpayers a three year window to file a return for previous years. In the case of 2017 returns, that window closes May 17, 2021. IRS officials estimate the midpoint of the returns to be $865 meaning half the unsent refunds are more than $865 and half are under $865. For taxpayers mailing their return, it must be postmarked by May 17. #taxes #IRS

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In a statement released Tuesday, the IRS and Treasury Department said they "anticipate payments will begin to be issued this weekend to Social Security recipients and other federal beneficiaries who do not normally file a tax return, with the projection that the majority of these payments would be sent electronically and received on April 7."