Are you leaving $720 on the table? Here’s how you could snatch that extra cash!
By
Veronica E.
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We’ve all had those moments where we forget about a little extra money tucked away somewhere, but this is no small amount we’re talking about—$720, to be exact.
And, believe it or not, tens of thousands of eligible Americans might be unknowingly leaving this money behind.
So, if you haven’t claimed your share of this refund, it’s time to pay attention.
At The GrayVine, we’re all about making sure you get every penny that’s rightfully yours.
The Clock Is Ticking on Unclaimed Tax Refunds
The IRS has sounded the alarm, especially for residents in Georgia.
An estimated $33.5 million in refunds is up for grabs, and a large portion of that—$720 per taxpayer on average—remains unclaimed from the 2021 tax year.
So, what’s going on?
Around 38,500 Georgians have yet to file their tax returns, and the deadline is fast approaching.
The Deadline Drama
Georgians must file their 2021 tax returns by April 15 to receive their unclaimed refunds.
Don’t let it slip by—this is the cutoff for filing your 2021 tax returns and claiming your refund.
If you’re thinking, "I still have time," remember that tax season has a way of creeping up on us, so don’t wait until the last minute!
Wouldn’t you rather put that money to good use—maybe buy something special for the grandkids or enjoy a relaxing weekend?
Also read: Unclaimed stimulus checks await in 2025—check your eligibility now!
The Recovery Rebate Credit: Your Ticket to More Money
There’s even more good news!
If you missed out on the third stimulus check during the COVID-era Economic Impact Payments, you may qualify for the Recovery Rebate Credit—a refundable credit worth up to $1,400.
The IRS is currently issuing $2.4 billion in refunds through this credit for 2021 returns.
If you missed it when filing, now’s the time to claim it!
How Will You Get Your Money?
If you’re eligible for a refund, the IRS will send it via direct deposit to the account listed on your 2023 return, or as a paper check to the address they have on file.
Can you imagine the surprise of finding that $720 check in your mailbox?
It’ll feel like finding treasure!
Also read: Could DOGE play a role in your wallet? What this means for Americans’ savings
Don’t Miss Out on Your Cash
Here’s a simple action plan to make sure you don’t miss out on your cash:
Remember, if you need more time to file, the IRS allows you to request an extension—but keep in mind that an extension to file doesn’t mean an extension to pay any taxes you owe.
If you're not a resident of Georgia, click here for more details about this announcement.
Time is ticking, so take action before the deadline.
If you need help, don’t hesitate to reach out to a tax professional.
Let’s make sure you get the money you deserve!
Read next: Maximize your retirement: 5 secret havens to grow your savings!
Have you already claimed your refund, or do you know someone who hasn’t yet? Do you have any tips for navigating tax season or questions about other credits? Share your thoughts and experiences in the comments below. Let’s all help each other make the most of our hard-earned money!
And, believe it or not, tens of thousands of eligible Americans might be unknowingly leaving this money behind.
So, if you haven’t claimed your share of this refund, it’s time to pay attention.
At The GrayVine, we’re all about making sure you get every penny that’s rightfully yours.
The Clock Is Ticking on Unclaimed Tax Refunds
The IRS has sounded the alarm, especially for residents in Georgia.
An estimated $33.5 million in refunds is up for grabs, and a large portion of that—$720 per taxpayer on average—remains unclaimed from the 2021 tax year.
So, what’s going on?
Around 38,500 Georgians have yet to file their tax returns, and the deadline is fast approaching.
The Deadline Drama
Georgians must file their 2021 tax returns by April 15 to receive their unclaimed refunds.
Don’t let it slip by—this is the cutoff for filing your 2021 tax returns and claiming your refund.
If you’re thinking, "I still have time," remember that tax season has a way of creeping up on us, so don’t wait until the last minute!
The IRS follows a three-year rule: if you don’t file your return within three years, that refund money gets donated to the US Treasury. Wouldn’t you rather put that money to good use—maybe buy something special for the grandkids or enjoy a relaxing weekend?
Also read: Unclaimed stimulus checks await in 2025—check your eligibility now!
The Recovery Rebate Credit: Your Ticket to More Money
There’s even more good news!
If you missed out on the third stimulus check during the COVID-era Economic Impact Payments, you may qualify for the Recovery Rebate Credit—a refundable credit worth up to $1,400.
The IRS is currently issuing $2.4 billion in refunds through this credit for 2021 returns.
If you missed it when filing, now’s the time to claim it!
How Will You Get Your Money?
If you’re eligible for a refund, the IRS will send it via direct deposit to the account listed on your 2023 return, or as a paper check to the address they have on file.
Can you imagine the surprise of finding that $720 check in your mailbox?
It’ll feel like finding treasure!
Also read: Could DOGE play a role in your wallet? What this means for Americans’ savings
Don’t Miss Out on Your Cash
Here’s a simple action plan to make sure you don’t miss out on your cash:
- Check Your Status: Have you filed your 2021 tax return yet? If not, now’s the time to get started.
- Understand Your Eligibility: Are you eligible for the Recovery Rebate Credit or other tax credits? Take the time to find out.
- Beat the Deadline: Mark April 15 on your calendar, and aim to file before then. Time is running out!
- Seek Help if Needed: If taxes feel complicated, don’t hesitate to ask for help from a tax professional.
Remember, if you need more time to file, the IRS allows you to request an extension—but keep in mind that an extension to file doesn’t mean an extension to pay any taxes you owe.
If you're not a resident of Georgia, click here for more details about this announcement.
Time is ticking, so take action before the deadline.
If you need help, don’t hesitate to reach out to a tax professional.
Let’s make sure you get the money you deserve!
Read next: Maximize your retirement: 5 secret havens to grow your savings!
Key Takeaways
- Tens of thousands of Americans have not yet claimed their share of $720 in tax refunds, with 38,500 in Georgia yet to file for 2021.
- Georgians have until April 15 to file their 2021 tax returns and claim their refunds, with the median potential refund being $720.
- The IRS has warned that taxpayers typically have a three-year window to file and claim their refunds, after which the unclaimed money becomes the property of the U.S. Treasury.
- The IRS is also in the process of issuing refunds via the Recovery Rebate Credit for 2021 returns, with up to $1,400 available to those who missed out on stimulus checks.
Have you already claimed your refund, or do you know someone who hasn’t yet? Do you have any tips for navigating tax season or questions about other credits? Share your thoughts and experiences in the comments below. Let’s all help each other make the most of our hard-earned money!