Tax refunds
This Christmas season, the IRS will be refunding thousands of tax money totaling to approximately $150 million. In 2011 alone, well more than 99,000 taxpayers are eligible for a refund in the tax agency. The common amount per person is estimated to be about $1,500.
The main reason why refund checks through the IRS are taken back to the agency with the Postal Service is as they are deemed undeliverable. This has become a perennial problem to the IRS. In some instances, the refunds are taken back to the Treasury simply because the filers indicated incorrect addresses on the returns. This happens a good deal, especially in cases where transposition of numbers is involved. Sometimes, the address error may be because the handwriting of the taxpayer is illegible.
Tax rebates
Whenever a person writes his/her contact info on tax returns, employees with the IRS feed the information into the data store from the agency and at times, ought to guess what exactly one wrote. An incorrect guess basically means that one's check refund will never be delivered.
There are the individuals who vacate their residence after filing returning and do not notify either the company or the local postal service where they have a merchant account. This problem is common among university students who file their taxation assessments using college addresses then clear studies before having received their refunds.
Unpleasant for an undelivered tax refund, you've got an opportunity to get back their. To find out if one is qualified to receive a tax refund of course, if there is a pending undeliverable refund, the "Where's My Refund" portal for the official website from the IRS can be of big help. It will provide the person with information regarding the status of the refund and in some instances, offer instructions on ways to resolve delivery issues.
Tax refunds