The IRS has announced that over $1 billion in tax refunds from the 2021 fiscal year remain unclaimed. With a deadline looming in 2025, eligible taxpayers still have a chance to claim their refunds. Discover who stands to gain the most and why some missed out on their refunds.

The Internal Revenue Service is warning millions of Americans they might miss out on $1 billion in refunds if they don't act fast. Roughly 1.1 million Americans still have unclaimed tax refunds for 2021 that will disappear after April 15.

Alabamians who haven’t claimed their tax returns from 2021 will lose them if they don’t act before tax time this year. An estimated 18,100 Alabamians who did not file their form 1040 federal tax return for 2021 have a little more than a month to file before the refunds expire at the three-year mark.