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

More than a million American taxpayers could be leaving cash on the table as the deadline to claim tax refunds from three years ago is fast approaching. The Internal Revenue Service (IRS) has issued a warning that more than a million taxpayers are still eligible to receive a share of more than $1 billion in refunds—but they need to act quickly.

The layoffs, which have been directed by the so-called Department of Government Efficiency (DOGE), led by billionaire and "special government employee" Elon Musk, have sparked concerns among experts who fear that the IRS won't be able to process Americans' tax refunds as quickly as usual this year.

How many tax returns has the IRS processed so far in 2025? On Friday, the IRS released statistics comparing its progress through the sixth week of tax season 2024 (ending March 8,

“Under the law, taxpayers usually have three years to file and claim their tax refunds. If they don’t file within three years, the money becomes the property of the U.S. Treasury,” according to the IRS.

The IRS estimates that more than 1.1 million taxpayers might have qualified for a refund in 2021 but did not file a federal income tax return to claim it.

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.

STATEN ISLAND, N.Y. -- Tens of millions of Americans have already received tax refunds from the federal government, with the average return totaling more than $3,000, according to the latest Internal Revenue Service data.

If you've already filed your tax return, it's natural to wonder when you'll receive your refund. One of the most common questions is the exact time the IRS makes deposits.