IRS unclaimed refunds of $1.5 billion waiting for tax year 2016; taxpayers face July 15 deadline
(WorldNews Mexico)

IR-2020-135, July 1, 2020 WASHINGTON - Unclaimed income tax refunds worth more than $1.5 billion await an estimated 1.4 million individual taxpayers who did not file a 2016 federal income tax return, according to the Internal Revenue Service. `The IRS wants to help taxpayers who are owed refunds but haven`t filed their 2016 tax returns yet,` said IRS Commissioner Chuck Rettig. `Time is quickly running out for these taxpayers. There`s only a three-year window to claim these refunds, and the window closes on July 15. To claim the refund, a return for tax year 2016 must be filed by July 15, 2020.` In , the IRS extended the due date for filing tax year 2016 returns and claiming refunds for that...