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lexingtontaxgroup · 2 months

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Don't Sleep on This: Nearly $1 BILLION in Unclaimed 2020 Tax Refunds Awaiting Rescue!

Did you know that a treasure chest worth over $1 billion is sitting unclaimed with the IRS? Yep, you read that right. And guess what? Some of that treasure might just have your name on it! We're talking about tax refunds from 2020 that nearly 940,000 Americans haven't claimed. With the May 17, 2024, deadline looming, it's high time to dive into those dusty folders (or email archives) and check if you’re one of the lucky ones.

Why Is This a BFD?

The average refund waiting to be claimed is a sweet $932. That’s not pocket change! Especially when you think about all the ways you could use that money. New books, a gaming console, helping out a friend, or even starting your savings account.

And here's the kicker: if you don't claim it by May 17, 2024, that money goes bye-bye into the depths of the U.S. Treasury. Poof! Gone forever.

Who Should Be Rushing?

Students

Part-time workers

ANYONE who didn’t file their tax return for 2020

There’s More!

For many, there’s an additional goldmine - the Earned Income Tax Credit (EITC). It’s like finding a bonus level in your favorite game but in real life. Depending on your situation, the EITC could boost your refund by up to $6,660.

What Can You Do?

Start by gathering any 2020 financial documents you can get your hands on. Missing something? The IRS has tools and resources to help you track down what you need. And guess what, if diving into tax forms and numbers isn’t your jam, there are professionals out there who live for this stuff.

Need a Hero? Lexington Tax Group to the Rescue!

Feeling overwhelmed? Don’t worry. The folks at Lexington Tax Group are like the Gandalf of taxes. They can help you navigate the murky waters of tax filing and ensure you claim what’s rightfully yours.

Give them a shout at 800-328-8289 or wave your digital flag at www.LexingtonTaxGroup.com. Don’t let bureaucracy scare you. It’s your money. Claim it!

TL;DR

$1 billion in unclaimed 2020 tax refunds is out there.

Avg. refund = $932.

Deadline: May 17, 2024.

EITC could mean more $$$.

Lexington Tax Group can help.

So, what are you waiting for? Get on it, and let’s make sure that money finds its way home – to you.

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