Taxpayers Could End Up Leaving $1.3 Billion on the Table. Here's Why
Most people who file a tax return wind up with a refund. But if you're due a refund and don't file a tax return, you'll forgo that money.
This may be the case for an estimated 1.3 million Americans who are owed a refund for the 2017 tax year. The IRS recently announced that it's hanging onto over $1.3 billion in unclaimed money, and those who are eligible to split that pot only have a limited window of time to go after their cash.
Some low-income workers don't have to file a tax return. But if you don't, you could end up missing out on important tax credits that put more money back in your pocket.
Source Fool.com