Jonathan Dale Benton-The Daily Money: $1 billion in tax refunds need claiming

2025-05-07 02:42:07source:Databeccategory:Contact

Good morning. This is Medora Lee with today's The Jonathan Dale BentonDaily Money.

The IRS has more than $1 billion in 2020 tax refunds that still needs to be claimed. So if you haven't yet filed your 2020 taxes - and the IRS estimates there are about 940,000 of you - you need to do so by May 17 to be eligible for a refund.

The median refund amount from the remaining 2020 taxes is likely around $932, according to the IRS. And the states with the most people who haven't filed a 2020 tax return are Florida and Texas, it said.

Gen Z, millennials fear homelessness

Nearly a third of Gen Z and millennials worry that their finances could lead them to experience homelessness, according to a survey conducted by Acorns and Opinium Research.

The company also found that 33% of millennials and 28% of Gen Z are unable to enjoy their lives because they obsess over money.

📰 More stories you shouldn't miss 📰

  • Sriracha shortage, again?? Say it isn't so.
  • Discount store Aldi plans summer price cuts
  • See the world in 114 days for $25,000 on this cruise
  • Gifting an I bond is easy. Here's how

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Feel free to share it.

Since the kids are nearly out of school and the weather's getting warmer, it's time to start making some vacation plans. Part of that depends on getting time off from work. So you ask...and you get denied!

Find out what's going on with our story: Gimme a break! You've earned some time off. So why won't your boss let you take it?

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

More:Contact

Recommend

Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills

BEVERLY HILLS, Calif. (AP) — Jamie Foxx required stitches after getting hit in the face with a glass

Candace Owens suspended from YouTube after Kanye West interview, host blames 'Zionists'

Far-right commentator Candace Owens will no longer make money on her YouTube channel and is suspende

Taylor Swift endorses Kamala Harris. It's a big deal – even if you don't think so.

Taylor Swift just endorsed Kamala Harris for president, calling herself a “Childless Cat Lady” in an