The Daily Money: $1 billion in tax refunds need claiming
Good morning. This is Medora Lee with today's The Daily 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.
