• Donor-Advised Funds

    The new University of Miami Donor-Advised Fund allows donors to make charitable contributions, receive an immediate tax benefit, and recommend grants to the University and other qualified charities over time. A popular and simple vehicle for effective charitable giving.
    More

  • Bequests

    By designating the University of Miami as a beneficiary in your will, trust or beneficiary designation form, you’re ensuring the future of the University.
    More

  • IRA Gifts

    If you are 70½ or older you may be interested in a planned gift that reduces the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can support UM while benefiting yourself. Or at any age, designating the University of Miami as a beneficiary of your IRA can be a great way to remove highly taxed assets from your estate.
    More

  • Beneficiary Designation Gifts

    A beneficiary designation gift is a simple and affordable way to make a gift to support the University of Miami. You can designate us as a beneficiary of a retirement, investment or bank account or your life insurance policy.
    More

  • Appreciated Stock Gifts

    Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the University of Miami.
    More


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Tuesday June 16, 2026

Washington News

Washington Hotline

IRS Wants to Pay $1.5 Billion in Refunds

On June 8, 2023, the Internal Revenue Service (IRS) published a letter to encourage an estimated 1.5 million people to submit tax returns and receive over $1.5 billion in refunds. The refunds are for the 2019 tax year, and the deadline for filing is July 17, 2023.

Most of the individuals due refunds are modest income taxpayers who have not filed a 2019 tax return. Many taxpayers are potentially eligible for refunds. The average refund in 2019 was $893.

IRS Commissioner Danny Werfel stated, "Time is running out for more than a million people to get their tax refunds for 2019. Many people may have overlooked filing a 2019 tax return due to the pandemic. We do not want people to miss their window to receive their refund. We encourage people to check their records and act quickly before the deadline. The IRS has several important ways that people can get help."

Normally, there is a three-year period to file and receive a tax refund. However, the return due date was delayed, and the deadline was changed from April 15 to July 17, 2023. A taxpayer must address, mail and ensure that the tax return is postmarked by July 17, to receive a refund.

Some low and moderate-income workers may also be eligible for the Earned Income Tax Credit (EITC). This could be worth up to $6,557 in 2019. Married couples filing jointly who have three children may qualify if their income is up to $55,952. Married couples filing jointly with two children can qualify with incomes up to $52,493 and those with one child can qualify with incomes up to $46,884. Finally, married couples filing jointly with no qualifying children can qualify with incomes up to $21,370.

The IRS reminds taxpayers that their refund may be held up if they have not filed their returns for 2020 or 2021 or owe the IRS additional tax. Some taxpayers may need additional help or assistance to prepare their return. There are several ways the IRS could help.

1. Copies of Key Documents — If you are missing Forms W-2, 1098 or 1099, you may request copies from an employer or bank.

2. Online Transcript — Taxpayers may obtain a transcript from IRS.gov by using the "Get Transcript Online" tool.

3. Request a Printed Transcript — Taxpayers may use IRS Form 4506-T to request the IRS send them a "wage and income transcript." This transcript shows all the tax forms received by the IRS. However, this printed copy could take several weeks to receive in the mail. The other options are much quicker and therefore recommended.

Published June 9, 2023
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