This news release from the IRS made me laugh.
Entitled, “Does the IRS owe YOU money”, it made me think back to when the IRS did owe us money and that it took us almost a year to get it back from them.
Nonetheless, I wanted to re-post it and share any additional information I learned while dealing with the IRS.
Here is the IRS press release…
Some people may have had taxes withheld from their wages but were not required to file a tax return because they had too little income. Others may not have had any tax withheld but would be eligible for the refundable Earned Income Tax Credit.
•To collect this money a return must be filed with the IRS no later than three years from the due date of the return.
•If no return is filed to claim the refund within three years, the money becomes the property of the U.S. Treasury.
•There is NO penalty assessed by the IRS for filing a late return claiming a credit (refund).
•Current and prior year tax forms and instructions are available on the Forms and Publications web page of IRS.gov or by calling 800-TAX-FORM (800-829-3676).
•Information about the Earned Income Tax Credit and how to claim it is also available on IRS.gov.
Were you expecting a refund check but didn’t get it?
•Refund checks are mailed to your last known address. Checks are returned to the IRS if you move without notifying the IRS or the U.S. Postal Service.
•You may be able to update your address with the IRS on the “Where’s My Refund?” feature available on IRS.gov. You will be prompted to provide an updated address if there is an undeliverable check outstanding within the last 12 months.
•You can also ensure the IRS has your correct address by filing Form 8822, Change of Address, which is available on IRS.gov or can be ordered by calling 800-TAX-FORM (800-829-3676).
•If you do not have access to the Internet (then I’m not sure how you are reading this…) and think you may be missing a refund, you should first check your records or contact your tax preparer. If your refund information appears correct, call the IRS toll-free assistance line at 800-829-1040 to check the status of your refund and confirm your address.
This line works in Canada but if no one answers after 6 rings, they hang up on you. I swear… I just tried it!