Unclaimed Tax Refunds Exceed $1 Billion: Are You Missing Out On Money?

On this episode of Tax Breaks, Forbes Senior Writer Kelly Phillips Erb covers the budget resolution Trump signed this past weekend, IRS staffing and budget cuts, and the status of the current tax filing season. Subscribe to the Tax Breaks Newsletter: https://www.forbes.com/sites/kellyphillipserb/2025/03/15/tax-breaks-the-government-lights-remain-on-for-now-edition/ 0:00 Introduction 0:37 What's In The Continuing Resolution Passed By Congress 6:50 Taxpayer Question 9:53 How To Claim An Unclaimed Tax Return 11:52 Tax Quiz 13:08 Is Gold Good For Your IRA 14:29 Tax Industry Notes 16:14 Outro SHOW NOTES: House vote article: https://www.forbes.com/sites/kellyphillipserb/2025/03/12/house-passes-stopgap-budget-but-shutdown-looms-as-bill-moves-to-senate/ How your House Rep voted: https://clerk.house.gov/Votes/202570 Chief Counsel removed: https://www.forbes.com/sites/kellyphillipserb/2025/03/13/irs-chief-counsel-pushed-out-after-reported-clash-with-doge-over-taxpayer-data/ Tax Filing Season stat article: https://www.forbes.com/sites/kellyphillipserb/2025/03/11/as-tax-season-nears-halfway-point-irs-data-shows-taxpayers-still-not-rushing-to-file/ Trump reporting rule article: https://www.forbes.com/sites/kellyphillipserb/2025/03/14/new-trump-financial-reporting-rule-aims-to-capture-cash-transactions-as-low-as-200/ De-Fi article: https://www.forbes.com/sites/kellyphillipserb/2025/03/12/in-bipartisan-maneuver-house-votes-to-repeal-biden-era-cryptocurrency-rule/ Where’s My Refund info page on IRS.gov: https://www.irs.gov/wheres-my-refund First page of Where’s My Refund?: https://sa.www4.irs.gov/wmr/ Refund article: https://www.forbes.com/sites/kellyphillipserb/2025/03/11/does-the-irs-have-your-money-theres-more-than-1-billion-in-unclaimed-refunds-for-tax-year-2021/ IRA and gold: https://www.forbes.com/sites/jessicaledingham/2025/03/13/benefits-of-adding-gold-to-your-ira/ AICPA/CIMA Economic Outlook Survey: https://www.aicpa-cima.com/professional-insights/download/aicpa-and-cima-1q25-economic-outlook-survey-1 Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.