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Last year the IRS had
111,893 refund checks totaling $165 million - an average of $1500 per
taxpayer - returned by the post office as undeliverable, due to
unreported changes of name and/or address.
If you've moved since
filing your last return, be sure to file IRS Form 8822 - "Change of
Address" to avoid this problem in the future. This is particularly
important after a death or marriage, and to college students who file a
return in the spring using a campus address.
Undeliverable income tax refunds, tax rebates and stimulus checks are
but one small component of unclaimed funds held by the IRS. A
significantly greater number of checks are delivered, but for one reason
or another are never cashed. Estimates are the total amount outstanding
is in excess of $6 billion.
Taxpayers
must request reissue if a tax refund check has been
lost, destroyed or voided due to the passage of time. U.S. Treasury checks,
including those issued by the IRS, are negotiable for one
year from the date of issue.
For a
search of the IRS undelivered refund database and to
obtain recovery and claims information on tax refunds
order our Special Report: IRS Tax Refund Search
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