November 30, 2011 9:26 pm

$153 Million in Undelivered Tax Refund Checks

Have you received a tax refund if you are owed one? The IRS reports that it is looking for 99,123 taxpayers who are owed $153 million in refunds. Their checks were undeliverable because of mailing address errors.

If you believe that you are owed a refund check, you can follow up in two ways:

  • Call the IRS’s Where’s My Refund? line at 800-829-1954.
  • Check the IRS web site (go to www.irs.gov and click on Where’s My Refund?)

Avoid delivery problems in the future by using the direct deposit option on your 2011 tax return. If you e-file your return, this expedites receipt of your refund.

Source: IR-2011-113, 11/30/11

Tags: Refunds
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Tax Glossary

Deferred compensation

A portion of earnings withheld by an employer or put into a retirement plan for distribution to the employee at a later date. If certain legal requirements are met, the deferred amount is not taxable until actually paid, for example, after retirement.

More terms