{"id":2246938,"date":"2024-05-17T14:34:10","date_gmt":"2024-05-17T18:34:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stimulus-update-deadline-to-file-for-refunds-of-up-to-968-is-today\/"},"modified":"2024-05-17T14:36:07","modified_gmt":"2024-05-17T18:36:07","slug":"stimulus-update-deadline-to-file-for-refunds-of-up-to-968-is-today","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stimulus-update-deadline-to-file-for-refunds-of-up-to-968-is-today\/","title":{"rendered":"Latest update: Claim refunds up to $968 by today&#8217;s deadline"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fstimulus-update-deadline-to-file-for-refunds-of-up-to-968-is-today%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2246938&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Internal Revenue Service has highlighted that approximately 940,000 \u200dindividuals in the U.S. who failed to submit their 2020 \u2062tax year returns may qualify for refunds. The \u200bIRS\u200d is holding over $1 billion \u200cin\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/1-5-billion-in-unclaimed-tax-refunds-set-to-expire\/\" title=\".5 Billion in Unclaimed Tax Refunds Set to Expire\">unclaimed refunds<\/a>, benefitting a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/flashback-former-ag-barr-initiated-spying-program-on-americans-back-in-1992\/\" title=\"FLASHBACK: Former AG Barr Initiated Spying Program on Americans Back in 1992\">wide range<\/a> \u2062of taxpayers, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-issues-disaster-declaration-for-texas-amidst-severe-winter-weather\/\" title=\"Biden Issues Disaster Declaration For Texas Amidst Severe Winter Weather\">including residents<\/a> of Washington, D.C., Maryland, and Virginia. The Internal Revenue Service has identified around 940,000 U.S. individuals \u2063who did \u200cnot file their 2020 tax returns, potentially \u2063eligible\u200d for refunds. With unclaimed refunds exceeding $1 billion, taxpayers \u200dfrom Washington, D.C., Maryland, and Virginia stand to benefit\u2063 from this initiative.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div data-td-block-uid=\"tdi_78\">\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/irs\/\" target=\"_blank\" rel=\"noopener\" title>Internal Revenue Service<\/a> issued a final reminder that an estimated\u00a0940,000 people across the United States who didn\u2019t file their 2020 <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tax\/\" target=\"_blank\" rel=\"noopener\" title>tax<\/a> year returns could be eligible for a return. <\/p>\n<p>The IRS owes more than $1 billion in unclaimed <a href=\"https:\/\/www.irs.gov\/how-to-file-your-taxes-step-by-step\" target=\"_blank\" rel=\"noopener\" title>refunds<\/a> to nearly 1 million people, including many who reside in <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/washington-dc\/\" target=\"_blank\" rel=\"noopener\" title>Washington, D.C.<\/a>, <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/maryland\/\" target=\"_blank\" rel=\"noopener\" title>Maryland<\/a>, and <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/virginia\/\" target=\"_blank\" rel=\"noopener\" title>Virginia<\/a>. The deadline <a href=\"https:\/\/www.irs.gov\/newsroom\/time-running-out-to-claim-1-billion-in-refunds-for-tax-year-2020-taxpayers-face-may-17-deadline\" target=\"_blank\" rel=\"noopener\" title>to file the refunds<\/a> is Friday.<\/p>\n<p>In Washington, the IRS estimates 2,900 people could get money back, and some may receive up to $968. The IRS estimates around 22,000 Marylanders could be owed back an average of $991. In Virginia, the IRS estimates that 25,900 people could be owed back an average of $914 each. <\/p>\n<p>The IRS said there is \u201cno penalty for failure to file if a refund is due,\u201d but it said refunds must be filed three years after that year\u2019s filing deadline. Because of the COVID-19 pandemic, the typical April 15 deadline got pushed back to May 17, which means Friday marks three years.<\/p>\n<p>Some people could also be eligible for additional refunds from programs that began during the pandemic, such as\u00a0the COVID-era Recovery Rebate Credit in 2020.<\/p>\n<p><a href=\"http:\/\/washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title><strong>CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/strong><\/a><\/p>\n<p>\u201cThe Recovery Rebate Credit is a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-8m-eligible-americans-never-got-stimulus-check\/\" title=\"Report: 8M eligible Americans never got stimulus check\">refundable credit<\/a> for individuals who did not receive one or more Economic Impact Payments, also known as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mnuchin-600-stimulus-payments-could-be-deposited-starting-tonight\/\" title=\"Mnuchin: 0 Stimulus Payments Could Be Deposited Starting Tonight\">stimulus payments<\/a>, distributed in 2020 and 2021,\u201d the IRS said in a statement.<\/p>\n<p><a href=\"https:\/\/www.irs.gov\/newsroom\/irs-final-reminder-time-to-claim-1-billion-in-tax-refunds-from-2020-expires-may-17\" target=\"_blank\" rel=\"noopener\" title>Other states<\/a> are also eligible for millions in refunds.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IRS issued a final reminder to 940,000 individuals in the U.S. who didn&#8217;t file their 2020 tax returns, possibly eligible for refunds. Over $1 billion in unclaimed refunds awaits nearly 1 million people, with residents of Washington, D.C., Maryland, and Virginia among the beneficiaries<\/p>\n","protected":false},"author":2910,"featured_media":2246939,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/irs-1024x593.jpg.optimal.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2246938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/irs-1024x593.jpg.optimal.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2246938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2910"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2246938"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2246938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2246939"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2246938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2246938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2246938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}