IRS Deadline to Claim a $900 Refund in July 2023

IRS Deadline to Claim a $900 Refund in July 2023.The Internal Revenue Service (IRS) is determined to reach taxpayers who have not yet filed their 2019 tax returns, as a significant amount of unclaimed tax refunds totaling 1.5 billion dollars remains. Fortunately, there is still time to take action before the deadline expires.Also read IRS Refund Delay Update by Which Date You Are Likely to Get Your Tax Return?

IRS Deadline to Claim a $900 Refund in July 2023

It’s crucial to note that the IRS will not grant another extension for filing the 2019 tax return. Missing out on this IRS tax refund check could have a negative impact on your finances. Surprisingly, when the IRS offered a tax return extension, approximately 1.5 million taxpayers failed to file.

Why the IRS Extended Deadline?

The IRS extended the deadline until July 17 for filing the 2019 tax return primarily due to the effects of the pandemic. Many individuals either forgot to file or erroneously believed they were not obligated to do so.

Average Amount of IRS Tax Refund Checks

According to the IRS, the average median tax refund amount is approximately $893. This sum can be a significant financial boost if you are entitled to it. Moreover, some individuals may be eligible for even larger refunds. Therefore, if you have not yet filed, you are potentially missing out on both time and money.

IRS Tax Refund Deadline Reminder  July 17 2023

Summer is here, but don’t forget about the impending IRS tax refund deadline on July 17. Take action now to ensure you meet the cutoff date.

Unclaimed Money from Eligible Credits

Remember, the IRS may also owe you money from credits for which you are eligible. However, to receive this check, you must have filed your 2020 and 2021 tax returns. Failure to do so may result in the IRS withholding your refund.

Options for Gathering Documents for the 2019 Tax Return

The IRS acknowledges that obtaining all the necessary information may present challenges for some taxpayers. Consider the following options recommended by the IRS:

• Request copies of essential documents from your bank, employer, or payer. Forms W-2, 1098, 1099, or 5498 for 2019 can be obtained from them.
• Utilize the Get Transcript Online tool, a convenient and swift method to obtain a free wage and income transcript from the IRS.

Note: Filing Form 4506-T to request a transcript may be time-consuming and is not a viable option given the approaching July 17 deadline for the 2019 tax return.

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 are especially likely to have unclaimed money from the IRS.Don’t miss out on the opportunity to claim your rightful tax refund. Act now and file your 2019 tax return before the deadline passes.