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IRS Says It Has $1.4 Billion In Unclaimed Money

NEW YORK (CBSNEWS.COM) - Attention, taxpayers: If you haven't filed a tax return for 2015, your time to claim money owed you is running out. The Internal Revenue Service said as many as 1.2 million Americans who haven't claimed a tax refund for that year have until April 15 do so.

And those refunds could be substantial. The agency said this week that as much as $1.4 billion in unclaimed refunds could be up for the taking.

Tax Preparation Gets Underway Ahead Of April Deadline
The top of a form 1040 individual income tax return for 2005 is seen atop a stack on the same at the Des Plaines Public Library March 23, 2006 in Des Plaines, Illinois. Americans are preparing for the income tax filing deadline next month whether using tax software, filing on the paper forms or using a tax preparer. (Photo by Tim Boyle/Getty Images)

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