Unclaimed state IRS refunds top $16 million
CHATTANOOGA, TN (Times Free Press) -- For Tennesseans who did not file a federal income tax return in 2008 but have a refund coming, Uncle Sam is looking for you.
The Internal Revenue Service said last week that refunds totaling $16.1 million are waiting for about 18,400 Tennesseans. The unclaimed refunds are among more than $1 billion due to about 1 million people who haven't filed for 2008 yet.
To collect the money, a return for 2008 must be filed with the IRS no later than Tuesday, April 17, 2012. There is no penalty for filing a late return qualifying for a refund.
"Some who haven't filed yet for 2008 could be eligible for an even bigger refund than our records indicate," Tennessee IRS spokesman Dan Boone said. "IRS won't know until they file if they qualify for the Earned Income Tax Credit or the Recovery Rebate Credit or both."
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