03/29/2026
Taxpayers, what you need to know!
Time is running out to claim $1.2 billion in refunds for tax year 2022
Over 1.3 million people across the nation have unclaimed refunds for tax year 2022. Tax professionals should advise clients that the deadline is April 15 to submit tax year 2022 tax returns to claim a refund.
The IRS estimates that approximately $1.2 billion in refunds remain unclaimed for taxpayers who have not filed their Form 1040 federal income tax return for the 2022 tax year.
Under the law, taxpayers usually have three years to file and claim their tax refunds. If they do not file within three years, the money becomes the property of the U.S. Treasury.
Tax professionals should also remind clients seeking a 2022 tax refund that those clients’ funds may be held if they have not filed tax returns for 2023 and 2024.