88,000 Californians Have Unclaimed Tax Return Money From 2020: IRS

The top of a form 1040 individual income tax return for 2005 is seen atop a stack on the same at the Des Plaines Public Library in Des Plaines, Ill., on March 23, 2006. Tim Boyle/Getty Images

As the federal tax deadline looms, the U.S. Internal Revenue Service (IRS) estimates that nearly 1 million Americans have not filed tax returns for 2020—with 88,000 of those being Californians.

There is currently about $1 billion in unclaimed tax refund money for 2020, according to the IRS, with the average return amount per person being $932.