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There’s Nearly $1 Billion in Unclaimed 2012 Tax Refunds

March 16, 2016

The IRS announced this month it has refunds totaling $950 million for people who have not filed a 2012 Federal income tax return.

Students and others who don’t earn much money often decide not to file a return, but they may be missing out on refund.

To collect the money, these taxpayers must file a 2012 tax return with the IRS no later than the Monday, April 18, 2016, tax deadline.  (The deadline has been extended from the usual April 15 due to the Emancipation Day holiday celebrated in Washington D.C.)

If you’re due a refund, there’s no penalty for filing a late return.

If you have a previous year's return to file, the staff at Foltz and Associates can help ensure you receive all that you're due.  Give us a call at 540-373-6589.

   

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