IRS Announces $164.6 Million in Unclaimed Tax Refunds
Last week, the Internal Revenue Service issued a press release disclosing that it currently has in excess of $160 million in tax refunds that could not be delivered to taxpayers (primarily because of mailing errors).
Interestingly (or perhaps not) unclaimed federal tax refunds are not reported and remitted as unclaimed property, because under federal law:
Source: 26 U.S.C. 6408.
Accordingly, taxpayers who believe that they are missing refunds should contact the IRS via the “Where’s My Refund” tool on the IRS website.