Millions of Americans are still waiting for their 2020 tax refunds as the understaffed Internal Revenue Service grapples with a mountain of yet-to-be-processed returns, constantly changing tax rules, and the arduous task of distributing the latest stimulus checks.
As it turns out, some of those same Americans may be owed money from three years ago—and if they want to collect it, they’d better hurry!
The IRS said on Monday that some 1.3 million taxpayers who didn’t file a tax return in 2017 are due a refund. Under U.S. law, taxpayers who fail to file a return get three years to claim their refunds. If they don’t, the money goes back to the U.S. Treasury.