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IRS Holding $1 Billion For 2013 Tax Filers
Updated March 2, 2017 7:00 AM
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(WASHINGTON, DC) - The Internal Revenue Service said it is holding more than $1 billion in unclaimed tax refunds owed to an estimated 1 million taxpayers who did not file a 2013 tax return.

Talk Media News Daily Digest reports, under law, taxpayers have until April 18 to claim their funds.

"Students and many others may not realize they're due a tax refund. Remember, there's no penalty for filing a late return if you're due a refund," IRS Commissioner John Koskinen says.

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