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$705 for the average Washington taxpayer: April 17 deadline for claiming unclaimed funds from 2008

Post by C.R. Roberts / The News Tribune on Feb. 24, 2012 at 11:25 am with No Comments »
February 24, 2012 11:25 am

There’s money waiting, and some of it may be yours.

The Internal Revenue Service is holding more than $32 million for nearly 30,000 Washington residents who have not yet filed their 2008 returns.

Nationwide, more than a million people can access more than $1 billion.

In some cases, the IRS said in a release Friday, people may not have filed their 2008 returns because they had too little income to require filing a tax return even though they had taxes withheld from their wages or made quarterly estimated payments.

The average owed to 29,900 Washington taxpayers is $705. All unclaimed money will become property of the U.S. Treasury.

In cases where a return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund.

The deadline for submitting a 2008 return is April 17.

Current and prior year tax forms and instructions are available on the Forms and Publications page of www.IRS.gov or by calling toll-free 800-829-3676.

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