Not everyone manages to file their taxes by the deadline — some people are even a few years behind. And they might be missing out on refunds as a result.
The window is closing for late filers to submit their 2017 tax returns, and as many as 1.3 million Americans could miss out on claiming their tax return.
The IRS reports there's still roughly $1.3 billion in unclaimed tax refunds for those who didn't file a return in 2017.
Typically, if you skip your taxes one year, you can file for an extension and file late. The IRS gives a maximum window of three years before you lose out on your unclaimed return. This might include people who earned below the minimum income levels in 2017 and were not required to file taxes, or those who missed the deadline for other reasons.
While filing taxes from past years seems like a hassle, non-filers from 2017 may want to consider turning in their tax return — even if they aren't required to according to their income level — since they could be missing out on tax credits and other money.
According to TurboTax, non-filers forgo the chance to receive the Earned Income Tax Credit (EITC), since the only way to get it is to file a tax return. Other tax credits might include:
- Additional Child Tax Credit
- American Opportunity Credit
- Adoption Credit
- Refundable Credit For Prior Year Minimum Tax
- Health Coverage Tax Credit
- Credit for Federal Tax on Fuels
If you're late on filing your 2017 taxes, you still have time to do so. The last day to file in time to claim your money is May 17, 2021.
However, the IRS requires previous years' taxes to be submitted on the original form. TurboTax makes this easy for its customers by offering a past years' product page where users can download tax software for the previous three years (2019, 2018 and 2017).
If you use H&R Block, you won't be able to file previous years' taxes online, but you can download prior years' products to your computer and e-file, or schedule a live appointment in person.
The average tax refund hovers around $3,000, but unclaimed refunds average about $600, according to the IRS. Still, at a time when many Americans are seeking extra cash to help make ends meet while riding out the current wave of economic uncertainty, getting caught up on your paperwork might come with an unexpected windfall.
TurboTax
Free version
If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit, student loan interest, and Schedule 1-A), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Expert Assist Basic at the listed price. Roughly 37% of taxpayers are eligible.
Guarantee
Guarantees 100% accuracy and maximum refund
Live support
Expert Assist plan includes unlimited assistance and final review. Expert Full Service includes a dedicated expert to complete and file your return.
Tax refund advance loan
Yes
Read our review of TurboTax tax software.
H&R Block
Free version
Yes
Guarantee
Guarantees 100% accuracy and maximum refund
Live support
Live chat available with all paid plans
Tax refund advance loan
Yes
Read our H&R Block tax software review





