In April, the IRS warned nearly 1 million taxpayers that they may be leaving more than $1 billion on the table because they never filed a 2020 return.
Taxpayers typically have three years to file and claim tax refunds. The typical April 15th deadline to claim old refunds was postponed to May 17, 2024 due to the general tax filing extension period that was allowed during the Covid epidemic of 2020.
There is still time for taxpayers that haven’t filed for 2021 or 2022 and their refunds are currently withheld. Taxpayers can request their W-2, 1098, 1099 or 5498 from their employers or banks.
Jessie Seaman, Esq. & EA, is a Florida attorney and IRS Enrolled Agent with over 12 years of experience in state and federal tax controversy resolution. Passionate about helping individuals and businesses navigate complex tax challenges, Jessie combines her legal expertise with a dedication to education, often mentoring future tax professionals and speaking at national conferences. A double major graduate from the University of South Florida and a Juris Doctor recipient from Florida Coastal School of Law, she has overseen tens of thousands of tax resolution cases, from simple privacy plans to high-profile matters. Jessie currently resides in Chicago, enjoying outdoor adventures with her Pomsky, Fisher.