The IRS has issued a reminder that the deadline to claim your 2020 tax refund is approaching. If you did not file a federal return for 2020, you must do so by May 17, 2024, to receive your refund. Filing a missed 2020 return might also make you eligible for the Earned Income Tax Credit (EITC), Recovery Rebate Credit, or other credits, provided you meet the necessary criteria.

Unclaimed IRS refunds are funds owed to taxpayers by the IRS that have not been claimed. This can occur for various reasons, such as incorrect mailing addresses, changes in phone numbers, or simply overlooking the refund.

By law, you have a three-year window to claim a refund. After this period, unclaimed 2020 federal tax refunds will become the property of the U.S. Treasury.