Tax Tip Of The Day: IRS Has $43.8 Million In Unclaimed Refunds For New Jerseyans

By Gregg Semanick-New Jersey’s IRS Spokesperson

Unclaimed refunds totaling approximately $43.8 million are awaiting over 41,000 New Jerseyans who did not file a federal income tax return for 2005. To collect the money, a return for 2005 must be filed with the IRS no later than April 15, 2009. If a return is not filed to claim the refund within three years of the return due date, the money becomes property of the U.S. Treasury. Current and prior year tax forms are available on the IRS.gov Web site or by calling 1-800-TAX-FORM (1-800-829-3676).

For more information on IRS tax tips, go to the IRS.gov web site at www.irs.gov.