Time to claim $1B in tax refunds dwindles: A state-by-state breakdown

An estimated 1M people didn’t file tax return in 2020

The clock is ticking for Americans to file tax refunds for 2020 as the May 17 deadline nears.

About 1 million people failed to file, leaving refunds collectively worth more than $1 billion sitting with the Internal Revenue Service.

The median refund for 2020 is $932, with Texas, California, Florida and New York leading the states that have the largest number of taxpayers eligible for the money.

FOX Business, courtesy of the IRS, provides a list of the states with the likely cash refunds.

Estimates of individuals who may be due 2020 income tax refunds, per IRS data:

State or DistrictEstimated Number of IndividualsMedian Potential RefundTotal Potential Refunds*
Alabama15,200$926$16,839,800
Alaska3,700$931$4,335,300
Arizona25,400$871$26,939,600
Arkansas8,700$923$9,392,600
California88,200$835$94,226,300
Colorado18,500$894$20,109,900
Connecticut9,800$978$11,343,600
Delaware3,600$945$4,156,500
District of Columbia2,900$968$3,503,800
Florida53,200$891$58,210,500
Georgia36,400$900$39,175,600
Hawaii5,200$979$5,972,600
Idaho4,500$761$4,369,600
Illinois36,200$956$40,608,000
Indiana19,200$922$20,893,000
Iowa9,600$953$10,601,700
Kansas8,700$900$9,285,600
Kentucky10,600$920$11,236,300
Louisiana15,100$957$17,357,300
Maine3,800$923$4,030,200
Maryland22,200$991$26,365,400
Massachusetts21,800$975$25,071,800
Michigan34,900$976$38,274,800
Minnesota13,500$818$14,043,900
Mississippi8,100$861$8,685,000
Missouri19,500$893$20,803,400
Montana3,400$851$3,632,100
Nebraska4,700$901$5,007,300
Nevada10,200$890$11,143,900
New Hampshire4,200$982$4,923,100
New Jersey24,400$920$27,408,300
New Mexico6,500$868$7,032,700
New York51,400$1,029$60,837,400
North Carolina27,500$895$29,304,100
North Dakota2,200$953$2,482,600
Ohio31,400$909$32,939,900
Oklahoma14,300$902$15,566,900
Oregon15,300$847$15,857,800
Pennsylvania38,600$1,031$43,412,900
Rhode Island2,600$986$2,980,500
South Carolina11,900$840$12,564,900
South Dakota2,200$892$2,346,300
Tennessee16,800$909$18,007,000
Texas93,400$960$107,130,200
Utah7,800$836$8,191,700
Vermont1,700$911$1,818,600
Virginia25,900$914$28,944,600
Washington26,200$976$31,110,300
West Virginia3,800$950$4,130,400
Wisconsin11,800$837$12,139,400
Wyoming2,100$961$2,416,300
Totals938,800$932$1,037,161,300

CLICK HERE TO READ MORE ON FOX BUSINESS

FOX Business' Megan Henney contributed to this report.

Load more..