November 09, 1999
IRS Has Undelivered Refunds for Thousands of Taxpayers
WASHINGTON - As the holidays approach, thousands
of taxpayers may soon be extra thankful. The Internal Revenue Service is trying to locate
them and send them their 1998 federal tax refunds.
The IRS is looking for 102,840 taxpayers whose checks were returned as
undeliverable by the U.S. Postal Service. These checks total almost $72 million, an
average of almost $700 per check. They could not be delivered because of incorrect names
and addresses or because taxpayers moved and did not give the IRS or the U.S. Postal
Service their new addresses.
If you are due a refund and have not received it, call the IRS toll-free
assistance number at 1-800-829-1040.
The IRS says the best way to avoid the possibility of a lost, stolen or
undeliverable refund is by having it deposited directly to your bank account. Just put the
required bank account information on your tax return. This year more than 23.5 million
taxpayers chose this option when they filed.
Taxpayers can avoid delays in getting their refunds by sending IRS their new
address on Form 8822, "Change of Address," when they move. This form is
available by calling 1-800-829-3676 or by downloading it from the IRS Web site at www.irs.gov.
The number of refunds issued vastly exceeds the number of undelivered refunds.
Through October 1999, the IRS has processed nearly 90 million refunds, totaling more than
$139 billion. The average refund was $1,551.
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