The IRS Apparently Owes $1 Billion In Unclaimed Refunds, Some Could Be Yours

IRS Building
IRS Building

It’s that time of year again, the time in which you do your taxes and hope that a nice refund will follow, but what if the IRS owed you more money than you thought? That is basically that the “beloved” Internal Revenue Service happens to be saying lately. While Americans are now filing their taxes for the 2016 year, it might be good to try paying for 2013 too.

Why, you may ask? The IRS came out this past week to tell Americans that they actually owe them over a billion dollars in unclaimed refunds from the year of 2013. Of course, if you filed in 2013 then this sadly does not concern you as you are not eligible to get a little bit of cash from this. However, others may benefit greatly from it. The IRS claimed that taxpayers must file no later than this year’s tax deadline, Tuesday, April 18.

The IRS Commissioner John Koskinen claimed the following.

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