IRS Warns Time Is Running out for Americans to Get Their Unclaimed Tax Refunds

A copy of an IRS 1040 tax form is seen at an H&R Block office in Miami, Fla., on Dec. 22, 2017. Joe Raedle/Getty Images

The Internal Revenue Service (IRS) said that more than 1 million American taxpayers could miss out on about $1.5 billion in unclaimed refunds.

Those refunds, the IRS said in a notice, are for the tax year 2019. If one did not file taxes in 2020 or experienced other issues during that filing season, those refunds are up for grabs, the agency said.