SALEM, Ore. -- Thousands of Oregonians have more than $19.7 million waiting in unclaimed federal income tax refunds, according to the Internal Revenue Service.
This only applies to the estimated 21,200 Oregon taxpayers who did not file a 2017 federal income tax return, but time is running out to be able to cash in.
To collect an unclaimed refund, taxpayers must file their 2017 tax return with the IRS no later than this year's tax deadline of May 17.
"Time is quickly running out for these taxpayers. There's only a three-year window to claim these refunds, and the window closes on May 17. We want to help people get these refunds, but they will need to quickly file a 2017 tax return," said IRS Commissioner Chuck Rettig.
Officials say 1.3 million taxpayers have more than $1.3 billion unclaimed income tax refunds waiting.
The IRS estimates the average potential refund for Oregonians to be $765.
Taxpayers who are missing Forms W-2, 1098, 1099, or 5498 for the years 2017, 2018, or 2019 should request copies from their employer, bank, or other payer. Taxpayers who cannot get the missing forms can order a free wage and income transcript at IRS.gov using the Get Transcript Online tool.