The clock is ticking on tax refunds from 2015. More than 1 million taxpayers are owed money from the IRS and still haven't collected. Here's what you should know.
The IRS is sitting on $1.4 billion in unclaimed tax refunds, and taxpayers are running out of time to grab their cash.
In order to claim the money, taxpayers must submit their 2015 tax returns by April 15. If these people fail to turn in their Form 1040, the cash goes to the U.S. Treasury.The IRS may continue to hold your 2015 refund if you haven't submitted returns for 2016 and 2017.
For 2018, single dependents under age 65 must file a return if they had unearned income — that is, income from taxable interest, dividends and capital gains — over $1,050, according to the IRS.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Do You Know Where Your Money Is? IRS Has More Than $1.4 Billion In Unclaimed Tax Refunds.The Internal Revenue Service (IRS) might have your money. The tax agency has announced that more than $1.4 billion in outstanding tax refunds remain unclaimed from 2015.
Weiterlesen »
Wealthy parents in college admissions scam may face IRS wrathWealthy parents who allegedly disguised bribe payments as charitable contributions to a non-profit may catch heat from the IRS, tax professors said.
Weiterlesen »
5 weird tax deductions the IRS has allowedUnder the right circumstances, even the weirdest expenses may be eligible for a tax break. Here are five situations where the IRS allowed them.
Weiterlesen »
Saturday's $414 million Powerball jackpot comes with a big tax biteWhether the winner goes with the lump sum or an annuity, the IRS will be waiting for a share.
Weiterlesen »
Here's the tax bill if you hit the $448 million Powerball jackpotIf there's a winner in Wednesday night's drawing, the IRS will get tens of millions of dollars.
Weiterlesen »
Owe the IRS? Here's what to do if you can't pay your tax bill1 in 5 US taxpayers could owe the IRS money this year. If you don't have the money to pay, take a deep breath — there are things you can do. - NBCNewsBETTER
Weiterlesen »
Following these 4 tips can help shield you from tax return fraudWhile the IRS has had recent success combating tax return fraud, the responsibility to protect personal information begins with taxpayers. How not to become a victim.
Weiterlesen »