The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

The IRS has issued a crucial warning to millions of Americans: act quickly or risk losing out on $1 billion in unclaimed tax refunds from 2021. With the deadline fast approaching, taxpayers must take immediate steps to secure their refunds before they vanish.

The IRS warns that low- and moderate-income taxpayers could also be missing out on the Earned Income Tax Credit (EITC), which was worth as much as $6,728 for qualifying families.Eligibility for the EITC depended on household size and income:Up to $57,

As the April 15 filing deadline looms, the Internal Revenue Service reminds taxpayers that after three years, any unclaimed 2021 tax year refunds go to the U.S. Treasury.

The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April

Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.