IRS has $153M in undelivered tax refunds
WASHINGTON (AP) - December 1, 2011 (WPVI) -- The Internal Revenue Service has $153 million in undelivered tax refund checks looking for the right homes. The agency says there are 99,123 taxpayers to whom the checks weren't delivered because it had the wrong mailing address. The returned checks average $1,547 apiece.
It's an annual exercise for the IRS, which has been nudging taxpayers toward accepting their refunds through direct, electronic deposits to their bank accounts. Out of the nearly 103 million refunds the IRS issued through early June this year, 76 million were direct deposits.
Of those delivered by the mail, about 0.3 percent bounced back to the IRS because of return address problems.
Taxpayers hoping to claim their refund can click on the "Check on Your Refund" link at http://www.irs.gov , or call 1-800-829-1954.
irs, taxes, washington, d.c., business/finance
- 50 coworkers in Del. to split $1M Mega Millions ticket 44 min ago
- Turning Milder
- Get the 6abc StormTracker app
- 2013 Troop Greetings
- Video captures Laundromat robbery
- Security breach affected all cards, not just Target's
- Cat hoarder at Grace Kelly home found guilty
- Arsonist tries to torch atheist billboard in NJ
- Teacher admits to sex with 4 students
- On video: Armed robber fails after KFC workers flee
- Holiday tips, cards stolen in East Pikeland Twp.
- Pastor defrocked after performing son's gay wedding
- Phil Robertson off 'Duck Dynasty' after gay comments
- Barbara Walters' Most Fascinating Person revealed
More business resources
Most Viewed StoriesMost Viewed Photos