IRS looking to return undeliverable refund checks

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in Small Business Tax

Missing a refund check? Hard as it is to believe, the IRS is holding $164.6 million in undelivered refund checks. (IRS News Release IR-2010-113) Almost 112,000 taxpayers are owed one or more checks that could not be delivered due to mailing address errors.

“We want to make sure taxpayers get the money owed to them,” says IRS Commissioner Doug Shulman. “If you think you are missing a refund, the sooner you update your address information, the quicker you can get your money.” You only have to update your address once to receive all checks that are due.

Undelivered refund checks average $1,471 this year, compared to $1,148 last year. If a refund check is returned to the IRS as undelivered, taxpayers can update their address with the "Where's My Refund?" tool at www.irs.gov or by calling (800) 829-1954.

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