Hurry! IRS Urges Taxpayers to Claim Their Share of $1 Billion in 2021 Tax Refunds Before Time Runs Out!

If you have not yet received your 2021 tax refund, you can soon lose it. The Internal Revenue Service (IRS) has recently given the last warning to taxpayers that the filing deadline for 2021 tax refunds is April 15, 2025.

$1 Billion Still Unclaimed!

Unexpectedly, over 1.1 million US taxpayers still have not filed for their 2021 tax refunds. If this amount is not claimed in time, it will be forfeited to the US Treasury and taxpayers will no longer be entitled to receive it.

Average refund amount as per IRS

The median size of a 2021 tax refund is $781, IRS estimates say. So, some will receive more and others less. This varies based on your income, tax credits and other factors.

Check if you’re eligible right away!

If you haven’t filed Form 1040 (federal income tax return) for 2021, file it immediately.

Also, if you qualify for Earned Income Tax Credit (EITC), the amount of your tax refund can be even greater. Qualifying taxpayers can get an added tax refund of as much as $6,728.

You can claim even without the required documents

If you don’t have all the required documents, don’t worry. You can obtain the required documents and claim the refund by creating an IRS online account.

Refund claim deadline: April 15, 2025

It is according to US law that taxpayers can claim their tax refund within three years. Hence, the 2021 tax refund claim deadline is April 15, 2025**.

If you qualify for this refund, it is mandatory to avail of it before the deadline. You will lose the whole amount, otherwise, and you will never have this opportunity again.

Don’t wait now, receive your tax refund soon!

This IRS announcement is a significant chance for all such taxpayers who have yet to receive their 2021 tax refund. Don’t overlook it and finish the required process at the earliest. You might be eligible for an amount of hundreds or thousands of dollars!

FAQs

Q1. What is the deadline to claim my 2021 tax refund?

The deadline to file and claim your 2021 tax refund is April 15, 2025.

Q2. How much is the average tax refund for 2021?

The median refund amount is $781, but it may vary based on your income and credits.

Q3. What happens if I don’t claim my refund before the deadline?

If you don’t claim it by April 15, 2025, the money will go to the U.S. Treasury, and you will no longer be eligible to receive it.

Q4. Can I still file if I lost my tax documents?

Yes! You can retrieve missing documents by creating an IRS online account or requesting copies from your employer or bank.

Q5. Who qualifies for the Earned Income Tax Credit (EITC)?

If you have low to moderate income and meet specific criteria, you could receive up to $6,728 in tax credits.

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