Tuesday Tax Tip: How to Check for Unclaimed Tax Refund
Are you one of the millions of people who have unclaimed money with the IRS. I hope not. Currently the IRS is holding ridiculous amount money as unclaimed tax refunds.
Two common causes for unclaimed tax refunds are as follows:
- Returned mail due to undeliverable address. Sometimes the taxpayer has moved, changed names or did not provide a complete address.
- Failure to file. Sometimes people do not file a return because they had little income, even though taxes were withheld or qualify for tax credits.
How to Search for IRS Tax Refund
A free and easy online tool to check if you have an unclaimed tax refund is at National Taxpayers Union (NTU). NTU’s fast and flexible searchable database is called “Our Tax Finder”.
You can search for unclaimed tax refund by last name, tax year or state. If you find a refund to claim, the site directs taxpayers to the IRS toll-free number or the IRS’s website. The IRS will help make arrangements for you to receive your money.
An alternative to NTU’s searchable database is “Where’s My Refund” at IRS.gov. Here you need to enter your social security number, filing status and exact refund amount. The IRS website is more of a hassle to use, especially if you do not know the exact amount of your refund or even if you are due a refund.
National Taxpayers Union
National Taxpayers Union (NTU) is a nonpartisan, nonprofit citizen organization founded in 1969 to work for lower taxes, smaller government, accountability from public officials, and economic freedom at all level.
Please note that I have no affiliation, association or alliance with NTU. I simply like their free and easy to use searchable database of unclaimed tax refunds.
How To Stay Current
Learn more news, tips and tricks to maximize your money, travel and life from Money and Map with a free newsletter by clicking RSS Feed and Email and twitter by clicking Follow on Twitter @MoneyandMap.