Tuesday, March 6, 2007

Last chance for tax refund

More than 30,000 Colorado residents have yet to claim their tax refund from the IRS for the 2003 tax year. Many of these refunds are not claimed because the individuals did not file a return thinking they did not need to, when in fact they had taxes taken out of their paychecks that they are entitled to get back. Unclaimed refunds totaling more than $2.2 billion nationally are awaiting about 1.8 million people who failed to file a federal income tax return for 2003, the IRS announced today. However, in order to collect the money, a return for 2003 must be filed with an IRS office no later than Tuesday, April 17, 2007. If those Colorado folks don't claim it, they lose the right to it, which means a loss of more than $36 million coming into the state. Contact the IRS at IRS.gov for help.

No comments: