Did you know that there is currently more than $1.3 Billion in IRS unclaimed tax money? It’s true, and it belongs to over 1.3 million tax payers that did not file for a refund. There is a three year deadline, which really equates to a four year gap, between filing your money and losing it to the government.

What to do if you owe money to the IRS?

The IRS has forms available to file for prior years. Just go to the IRS prior years filing page and download the form (s) you need. If you do not file and are owed money, there is no penalty, but you lose out on getting money that is rightfully yours.

How to contact the IRS about an erroneous refund?

If the amount was an error, despite what another responder said, you MUST contact the IRS and, if you keep the money, interest may accrue on the erroneous refund from the time of deposit until the time they discover it on their own, which they will eventually do. Call the IRS toll-free at 800-829-1040 (individual) or 800-829-4933 (business)

How can I Check my IRS tax refund?

Once you have received the tax refund after submitting the taxes, you can check your account to confirm. IRS TREAS 310 XXTAXEIP is how the refund should be listed. And for checking this payment, you can use online banking.

What to do if you have an unclaimed tax refund?

Follow the message prompts when you call. If you move, submit a Change of Address – Form 8822 ( PDF, Download Adobe Reader) to the IRS; you should also submit a Change of Address to the USPS. If you are eligible for a federal tax refund and don’t file a return, then your refund will go unclaimed.

How to find out if you have unclaimed money from the government?

Search the HUD database with your FHA case number. Case numbers have three digits, a dash, and the next six digits—for example, 051-456789. 4. Search for Money from Tax Refunds. Tax Refunds – The Internal Revenue Service (IRS) may owe you money if your refund was unclaimed or undelivered. 5. Search for Money from Banking and Investments

How big is the unclaimed tax refund for 2015?

WASHINGTON ― Unclaimed income tax refunds totaling almost $1.4 billion may be waiting for an estimated 1.2 million taxpayers who did not file a 2015 Form 1040 federal income tax return, according to the Internal Revenue Service.