The IRS deadline to file for a $900 refund is July 2023. The IRS is determined to contact taxpayers who have not yet filed their 2019 returns because there is a significant amount of unclaimed tax refunds totaling $1.5 billion. Fortunately, there is still time to act before the deadline.
It’s important to note that the IRS will not grant an additional deadline to file your 2019 tax returns. Missing that IRS tax refund check could negatively affect your finances. Surprisingly, about 1.5 million taxpayers did not file a tax return when the IRS offered a tax return extension.
Why the extended IRS deadline?
The IRS extended the 2019 tax filing deadline to July 17 primarily because of the impact of the pandemic. Many people have forgotten to file their tax return or have mistakenly assumed they are not required to file.
Average number of IRS tax refund checks.
According to the IRS, the average tax refund amount is approximately $893. That amount can mean a significant financial boost if you qualify. In addition, some people may be eligible for even larger rebates. So, if you haven’t filed yet, you may be wasting your time and money.
IRS Tax Refund Deadline Reminder: July 17, 2023
Summer is here, but don’t forget about the upcoming IRS tax refund deadline of July 17. Take steps now to make sure you meet the deadline.
Unclaimed Money from Eligible Credits
Keep in mind that the IRS may also owe you money for loans for which you are eligible. However, to receive this check, you must have filed your 2020 and 2021 tax returns. Otherwise, the IRS may withhold your refund.
Collection options for 2019 tax return documents.
The IRS recognizes that obtaining all the necessary information can be challenging for some taxpayers. Consider the following options recommended by the IRS:
Request copies of important documents from your bank, employer or payer. Forms W-2, 1098, 1099 or 5498 for 2019 are available there.
Use the Get Transcript Online tool, a convenient and quick way to get a free payroll transcript from the IRS.
Note: Sending Form 4506-T to request a transcript can be time-consuming and is not a viable option as the 2019 tax filing deadline of July 17 approaches.
Inform others about unclaimed refunds.
If you have already filed your 2019 tax return and received your refund, share this valuable information with family, friends and acquaintances. Part-time workers, low-income individuals and students were particularly likely to not claim money from the IRS. Don’t miss the opportunity to claim your eligible tax refund. Act now and file your 2019 tax return before the due date.