The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

The IRS has announced that over $1 billion in tax refunds from the 2021 fiscal year remain unclaimed. With a deadline looming in 2025, eligible taxpayers still have a chance to claim their refunds. Discover who stands to gain the most and why some missed out on their refunds.

As the April 15 filing deadline looms, the Internal Revenue Service reminds taxpayers that after three years, any unclaimed 2021 tax year refunds go to the U.S. Treasury.

The IRS estimates that more than 1.1 million taxpayers might have qualified for a refund in 2021 but did not file a federal income tax return to claim it.

Understanding the timing of your IRS tax refund can significantly impact your financial planning. By submitting your tax return promptly and utilizing electronic filing, you can expedite the process and receive your refund sooner.

The Trump administration’s changes to the federal government could alter the tax filing process for this year’s reporting period and beyond. Reports indicate the Department of Government Efficiency has taken a long look at the IRS,

The median potential refund nationwide is $781 for 2021. Florida, with 69,800 individuals who did not file, is just below the median potential refund at $721. New Yorkers — 73,000 of them — left the most money in the IRS till: $995.

If you've already filed your tax return, it's natural to wonder when you'll receive your refund. One of the most common questions is the exact time the IRS makes deposits.