{"id":10886,"date":"2025-02-27T20:00:33","date_gmt":"2025-02-27T20:00:33","guid":{"rendered":"https:\/\/finderica.com\/?p=10886"},"modified":"2025-02-27T20:00:33","modified_gmt":"2025-02-27T20:00:33","slug":"youre-running-out-of-time-to-get-your-unclaimed-tax-refund-for-2019","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=10886","title":{"rendered":"You\u2019re Running Out of Time to Get Your Unclaimed Tax Refund for 2019"},"content":{"rendered":"\n
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\"ScoreCard<\/p>\n

Time is running out for 1.5 million U.S. taxpayers to claim their unclaimed 2019 tax refunds, which total $1.5 billion.<\/p>\n

The median tax refund for 2019 was $893, which means half of the refunds were more than $893 and half were less. But a million and a half people still haven\u2019t claimed their money. They have until July 17 to do so.<\/p>\n

\u201cThe 2019 tax returns came due during the pandemic, and many people may have overlooked or forgotten about these refunds,\u201d said IRS Commissioner Danny Werfel<\/a>. \u201cWe want taxpayers to claim these refunds, but time is running out. We recommend taxpayers start soon to make sure they don\u2019t miss out.\u201d\n<\/p>\n

Taxpayers May Have Forgotten to File Because of the Pandemic<\/h2>\n

Most Americans file a federal income tax return, but not everyone does. People in low-income households don\u2019t have to.<\/p>\n

Workers who earn less than the standard deduction aren\u2019t required to file tax returns. In 2019, the standard deduction was $12,200 for individuals, $18,350 for heads of household and $24,400 for married couples filing jointly.<\/p>\n

But some people may have just forgotten or never gotten around to it. Tax returns for 2019 were due in 2020 \u2014 during the beginning of the COVID-19 pandemic, which was a pretty chaotic time for many.<\/p>\n

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\u201cWith the pandemic taking place when the 2019 tax returns were originally due, people faced extremely unusual situations,\u201d the IRS commissioner said. \u201cPeople may have simply forgotten about tax refunds with the deadline that year postponed all the way into July.<\/p>\n

\u201cWe frequently see students, part-time workers and others with little income overlook filing a tax return and never realize they may be owed a refund.\u201d<\/p>\n

The IRS doesn\u2019t charge a penalty for filing your tax return late if you\u2019re due a refund.<\/p>\n

Get Your Earned Income Tax Credit<\/h2>\n

By not filing a tax return, people stand to lose more than just their refund of taxes withheld or paid during 2019. Many low- and moderate-income workers may be eligible for the Earned Income Tax Credit. For 2019, the credit was worth as much as $6,557.<\/p>\n

Those who are potentially eligible for the credit in 2019 earned up to the following incomes:<\/p>\n