Are you missing your tax refund? If you are, you aren’t the only one. The IRS still has more than $150 million in tax refunds that it hasn’t been able to deliver to taxpayers.
CNN reports that 99,123 taxpayers are still owed tax refunds this year. The IRS says that it hasn’t been able to deliver their tax refunds due to issues like incorrect mailing addresses. According to the IRS, the $153 million in tax refunds makes up for just.01% of the total that it has already delivered. Still, on an individual basis, 99,000 people are missing a check worth an average of $1,500.
If you’re missing your tax refund, you can use the IRS’ “Where’s My Refund” tool.
The IRS says on its website:
“Where’s My Refund? will usually have information about your refund 72 hours after IRS acknowledges receipt of your e-filed return, or three to four weeks after mailing a paper return. Check back weekly, on Wednesdays, for any updates to your refund information.”
To use the tool you simply enter your social security number, your filing status, and the amount of your tax refund.
The IRS recommends that taxpayers opt for direct deposit when they file their taxes so that it’s impossible for the check to get lost in the mail. According to Fox10, 78.4 million taxpayers chose to receive their refund through direct deposit last year.
The IRS also warns taxpayers not to give out any information about their taxes over the phone or through email. The IRS does not contact taxpayers by phone or email so if you’ve received an email about your tax refunds, someone is probably trying to scam you.
Have you had any problem with your tax refunds this year?