Finding unclaimed tax money is more common than you might think. In fact, for tax-year 2016, the IRS estimates roughly $1.5 billion in unclaimed money was owed to U.S. taxpayers. That’s a boatload of cash!
Unclaimed money is money that you are owed from another person, organization, or government entity. There are a variety of reasons why your money can go unclaimed. In this post, you will learn about the most popular types of unclaimed money.
You already know that you might have unclaimed money sitting out there, just waiting for you to grab it. The next question is: where do you go from here?
There are a variety of reasons why unclaimed money exists. For example, your old bank closes, but you still have some money left in a savings account that you forgot about. Or, you were sent a stimulus check in 2020, but you moved, so you never got it.
There are a variety of reasons why unclaimed money exists. For example, your old bank closes, but you still have some money left in a savings account that you forgot about. Or, you were sent a stimulus check in 2020, but you moved, so you never got it.