I can’t imagine leaving my tax refund in Uncle Sam’s hands for years. But then, I usually don’t get a refund.
Most taxpayers, however, do get at least some tax cash back every year.
And every year, some folks don’t claim what’s theirs.
Tax refund 1040 IRS check
This year, the Internal Revenue Service has around $1 billion for more than 1 million taxpayers who didn’t file a 2011 tax return.
The parceling out of that billion or so bucks to the 2011 tax year nonfilers could produce a nice chunk of change for some folks. The median refund check, says the IRS, is $698.
2011 filing due date is 4-15-15: To get your money that’s been languishing in the U.S. Treasury’s account, all you have to do is send in a 2011 Form 1040 by this coming April 15.
April 15, 2015, is deadline for unclaimed 2011 tax refunds
Fail to do that, though, and you forfeit your refund forever.
When a tax return is not filed, the law gives most taxpayers a three-year window of opportunity to claim a refund. Three years ago — April 15, 2012 — was the original due date for the 2011 tax year federal returns.
That means the 2011 filing window closes on April 15, 2015.
via April 15, 2015, is deadline for unclaimed 2011 tax refunds | TaxPro Info.