WASHINGTON — The Internal Revenue Service announced today that Federal income tax refunds totaling $950 million may be waiting for an estimated one million taxpayers who did not file a federal income tax return for 2012. To collect the money, these taxpayers must file a 2012 tax return with the IRS no later than this year's April tax deadline.
For example:
Florida 64,700 People with average refund of $721 haven't filed for 2012 yet. For a total of $58,598,000 owed to Florida Residents!!!
Wisconsin 12,900 People with average refund of $647 haven't filed for 2012 yet. For a total of $10,837,000 owed to Wisconsin Residents.
The IRS reminds taxpayers seeking a 2012 refund that their checks may be held if they have not filed tax returns for 2013 and 2014. In addition, the refund will be applied to any amounts still owed to the IRS, or their state tax agency, and may be used to offset unpaid child support or past due federal debts, such as student loans.
For example:
Florida 64,700 People with average refund of $721 haven't filed for 2012 yet. For a total of $58,598,000 owed to Florida Residents!!!
Wisconsin 12,900 People with average refund of $647 haven't filed for 2012 yet. For a total of $10,837,000 owed to Wisconsin Residents.
The IRS reminds taxpayers seeking a 2012 refund that their checks may be held if they have not filed tax returns for 2013 and 2014. In addition, the refund will be applied to any amounts still owed to the IRS, or their state tax agency, and may be used to offset unpaid child support or past due federal debts, such as student loans.
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