IRS has $1.3 billion in unclaimed tax refunds… there’s one week left to claim them


**Watch a past report, above, on a backlog of tax returns**

(WJW)– 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.

The window to file the 2017 returns is May 17.

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“The IRS wants to help taxpayers who are due refunds but haven’t filed their 2017 tax returns yet,” said IRS Commissioner Chuck Rettig, in a news release last month.

“Time is quickly running out for these taxpayers. There’s only a three-year window to claim these refunds, and the window closes on May 17. We want to help people get these refunds, but they will need to quickly file a 2017 tax return.”

According to the IRS release, the median potential refund in Ohio is $852. See a state-by-state breakdown, here.

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By not filing a tax return, people could lose more than just their refund of taxes withheld or paid during 2017. Many low and moderate-income workers may be eligible for the Earned Income Tax Credit.

Current and prior year tax forms (such as the tax year 2017 Form 1040, 1040-A and 1040-EZ) and instructions are available on the Forms and Publications page or by calling toll-free 800-TAX-FORM (800-829-3676). Taxpayers who are missing Forms W-2, 1098, 1099 or 5498 for the years 2017, 2018 or 2019 should request copies from their employer, bank or other payer.


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