IRS has $1 billion in unclaimed tax refunds

By | February 24, 2012

IRS has 1 billion in unclaimed tax refunds

The IRS said today it’s holding $1 billion in unclaimed tax refunds, owed to people who didn’t file a return in 2008. I guess the good news is that, if those taxpayers don’t claim the money — they have until April 17 this year to do so — then that’s some revenue the government can use, to avoid cutting programs, or maybe to shore up Social Security and Medicare. It’s basically a drop in the bucket, but every little bit helps, right?

That said, if the money is yours, go get it! Find out more on this IRS page.

via IRS has $1 billion in unclaimed tax refunds – Personal Finance Daily – MarketWatch.

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