Could you still be owed a share of $1.5 billion in unclaimed tax refunds? trends now
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Nearly 1.5 million Americans could be owed a share of unclaimed tax refunds from 2019.
The outstanding funds are worth almost $1.5 billion in total, according to the Internal Revenue Service (IRS) - with an average payout of $893.
Typically there is a three-year deadline to claim refunds before the cash becomes property of the US Treasury.
But because of the Covid-19 pandemic, there has been an extension for 2019 tax returns. This means taxpayers have until July 17 to claim their money back.
According to the IRS, Texans are owed the most, with an estimated 135,000 residents in the state sitting on an average of $924 - totaling $142,235,200.
Taxpayers have until July 17 to claim their money back due to an extension from the pandemic
The state-by-state breakdown calculated by the agency shows that California has the second highest sum of possible refunds, with $141,780,000 potentially owed to 144,700 people.
Florida comes in third, with a median
