May 17 Was the Deadline for $1 Billion in Unclaimed IRS Tax Refunds

Millions of people had unclaimed tax refunds from four years ago waiting for them at the IRS but didn't know it.

May 2024 calendar
(Image credit: Getty Images)

Unclaimed tax refunds totaling about $1 billion remained unclaimed at the IRS because millions of taxpayers hadn't filed tax returns for the 2020 tax year. (In other words, you might have had money waiting for you and not have known.)

“There’s money remaining on the table for hundreds of thousands of people who haven’t filed 2020 tax returns,” IRS Commissioner Danny Werfel said in a release. “We want taxpayers to claim these refunds, but time is running out for people who may have overlooked or forgotten about these refunds.”

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Kelley R. Taylor
Senior Tax Editor,

As the senior tax editor at, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.