IRS says it still owes taxpayers $1.5 billion in 2019 refunds

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IRS says it still owes taxpayers $1.5 billion in 2019 refunds
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The IRS says that there are still 1.5 million people who are owed a 2019 refund, resulting in nearly $1.5 billion in unclaimed refunds.

The Internal Revenue Service said there remains an estimated $1.5 billion in unpaid refunds from 2019, and time is running out for taxpayers to claim those funds.

The IRS estimates that 1.5 million people in the U.S. who are owed a refund have yet to file a 2019 tax return. The IRS says the median refund in 2019 was $893."Time is running out for more than a million people to get their tax refunds for 2019," said IRS Commissioner Danny Werfel."Many people may have overlooked filing a 2019 tax return due to the pandemic. We don't want people to miss their window to receive their refund.

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