IRS Has $1.1 Billion for People Who Have Not
Filed a 2007 Income Tax Return
WASHINGTON — Refunds totaling more than $1.1
billion may be waiting for nearly
1.1 million people who did not file a federal income
tax return for 2007, the Internal Revenue Service announced today. However,
to collect the money, a return for 2007 must be filed with the IRS no later
than Monday, April 18, 2011.
The IRS estimates that half of these potential 2007
refunds are $640 or more.
Some people may not have filed because they had too little income to require
filing a tax return even though they had taxes withheld from their wages or
made quarterly estimated payments. In cases where a return was not filed,
the law provides most taxpayers with a three-year window of opportunity for
claiming a refund. If no return is filed to claim a refund within three
years, the money becomes property of the U.S. Treasury.
For 2007 returns, the window closes on April 18, 2011. The law requires that
the return be properly addressed, mailed and postmarked by that date. There
is no penalty for filing a late return qualifying for a refund.
The IRS reminds taxpayers seeking a 2007 refund that their checks will be
held if they have not filed tax returns for 2008 and 2009. In addition, the
refund will be applied to any amounts still owed to the IRS, and may be used
to offset unpaid child support or past due federal debts such as student
loans.
By failing to file a return, people stand to lose more than a refund of
taxes withheld or paid during 2007. In addition, many low-and-moderate
income workers may not have claimed the Earned Income Tax Credit (EITC). The
EITC helps individuals and families whose incomes are below certain
thresholds, which in 2007 were $39,783 for those with two or more children,
$35,241 for people with one child, and $14,590 for those with no children.
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Individuals Who Did Not File a 2007 Return with a Potential Refund
|
State
|
Individuals
|
Median
Potential
Refund
|
Total
Potential
Refunds ($000)*
|
|
Alabama
|
17,600 |
$634 |
$15,649 |
|
Alaska
|
5,200 |
$688 |
$6,545 |
|
Arizona
|
31,000 |
$543 |
$29,217 |
|
Arkansas
|
9,100 |
$606 |
$8,111 |
|
California
|
124,000 |
$597 |
$129,205 |
|
Colorado
|
20,900 |
$588 |
$21,591 |
|
Connecticut
|
11,900 |
$714 |
$14,769 |
|
Delaware
|
4,000 |
$658 |
$4,121 |
|
District of Columbia
|
4,400 |
$629 |
$4,751 |
|
Florida
|
74,500 |
$665 |
$87,293 |
|
Georgia
|
36,800 |
$590 |
$35,475 |
|
Hawaii
|
7,600 |
$717 |
$8,960 |
|
Idaho
|
4,600 |
$540 |
$4,340 |
|
Illinois
|
38,800 |
$692 |
$44,168 |
|
Indiana
|
20,200 |
$679 |
$19,864 |
|
Iowa
|
9,500 |
$668 |
$8,411 |
|
Kansas
|
10,400 |
$621 |
$9,601 |
|
Kentucky
|
11,200 |
$660 |
$10,449 |
|
Louisiana
|
19,500 |
$663 |
$20,327 |
|
Maine
|
3,600 |
$606 |
$4,398 |
|
Maryland
|
25,100 |
$645 |
$27,727 |
|
Massachusetts
|
23,000 |
$701 |
$26,881 |
|
Michigan
|
30,800 |
$663 |
$31,943 |
|
Minnesota
|
14,000 |
$604 |
$13,786 |
|
Mississippi
|
9,400 |
$585 |
$8,440 |
|
Missouri
|
20,300 |
$604 |
$18,588 |
|
Montana
|
3,400 |
$607 |
$3,185 |
|
Nebraska
|
4,700 |
$620 |
$4,509 |
|
Nevada
|
15,000 |
$630 |
$15,575 |
|
New
Hampshire
|
3,900 |
$741 |
$4,960 |
|
New
Jersey
|
31,000 |
$705 |
$36,504 |
|
New
Mexico
|
7,900 |
$594 |
$7,510 |
|
New
York
|
62,600 |
$706 |
$78,405 |
|
North
Carolina
|
29,300 |
$565 |
$26,385 |
|
North
Dakota
|
1,600 |
$635 |
$1,877 |
|
Ohio
|
33,200 |
$620 |
$30,240 |
|
Oklahoma
|
15,200 |
$620 |
$14,280 |
|
Oregon
|
17,600 |
$521 |
$15,309 |
|
Pennsylvania
|
34,600 |
$686 |
$35,317 |
|
Rhode
Island
|
3,100 |
$644 |
$3,380 |
|
South
Carolina
|
12,400 |
$561 |
$11,132 |
|
South
Dakota
|
2,000 |
$639 |
$1,937 |
|
Tennessee
|
17,200 |
$633 |
$17,049 |
|
Texas
|
91,700 |
$692 |
$104,801 |
|
Utah
|
7,600 |
$560 |
$8,392 |
|
Vermont
|
1,700 |
$672 |
$1,694 |
|
Virginia
|
29,800 |
$629 |
$31,380 |
|
Washington
|
28,200 |
$702 |
$34,692 |
|
West
Virginia
|
3,500 |
$686 |
$3,484 |
|
Wisconsin
|
12,900 |
$593 |
$11,609 |
|
Wyoming
|
2,700 |
$788 |
$3,350 |
|
Grand Total |
1,060,200 |
$640 |
$1,120,566 |
Current and prior year tax forms and
instructions are available on the Forms and Publications page of IRS.gov or
by calling toll-free 1-800-TAX-FORM (1-800-829-3676). Taxpayers who are
missing Forms W-2, 1098, 1099 or 5498 for 2007, 2008 or 2009 should request
copies from their employer, bank or other payer. If these efforts are
unsuccessful, taxpayers can get a free transcript showing information from
these year-end documents by ordering on-line, calling 1-800-908-9946, or by
filing Form 4506-T,
Request
for Transcript of Tax Return, with the IRS.
|
