Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007, according to the Internal Revenue Service.
To collect the money, a return for 2007 must be filed with the IRS no later than Monday, April 18, 2011. The IRS estimates that half of these potential 2007 refunds are for $640 or more.
Some people may not have filed because they had too little income to require filing a tax return even though they had taxes withheld from their wages or made quarterly estimated payments, the IRS noted. In cases where a return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund. If no return is filed to claim a refund within three years, the money becomes property of the U.S. Treasury.
For 2007 returns, the window closes on April 18, 2011. The law requires that the return be properly addressed, mailed and postmarked by that date. There is no penalty for filing a late return qualifying for a refund. The IRS reminded taxpayers seeking a 2007 refund that their checks will be held if they have not filed tax returns for 2008 and 2009. In addition, the refund will be applied to any amounts still owed to the IRS, and may be used to offset unpaid child support or past due federal debts such as student loans.
By failing to file a return, people stand to lose more than a refund of taxes withheld or paid during 2007. In addition, many low-and-moderate income workers may not have claimed the Earned Income Tax Credit, the IRS noted. The EITC helps individuals and families whose incomes are below certain thresholds, which in 2007 were $39,783 for those with two or more children, $35,241 for people with one child, and $14,590 for those with no children. For more information, visit the
The IRS provided a table showing the number of individuals and potential refunds, state by state:
Individuals Who Did Not File a 2007 Return with a Potential Refund
State | Individuals | Median Potential Refund* | Total Potential Refunds ($000)* |
Alabama | 17,600 | $634 | $15,649 |
Alaska | 5,200 | $688 | $6,545 |
Arizona | 31,000 | $543 | $29,217 |
Arkansas | 9,100 | $606 | $8,111 |
California | 124,000 | $597 | $129,205 |
Colorado | 20,900 | $588 | $21,591 |
Connecticut | 11,900 | $714 | $14,769 |
Delaware | 4,000 | $658 | $4,121 |
District of Columbia | 4,400 | $629 | $4,751 |
Florida | 74,500 | $665 | $87,293 |
Georgia | 36,800 | $590 | $35,475 |
Hawaii | 7,600 | $717 | $8,960 |
Idaho | 4,600 | $540 | $4,340 |
Illinois | 38,800 | $692 | $44,168 |
Indiana | 20,200 | $679 | $19,864 |
Iowa | 9,500 | $668 | $8,411 |
Kansas | 10,400 | $621 | $9,601 |
Kentucky | 11,200 | $660 | $10,449 |
Louisiana | 19,500 | $663 | $20,327 |
Maine | 3,600 | $606 | $3,398 |
Maryland | 25,100 | $645 | $27,727 |
Massachusetts | 23,000 | $701 | $26,881 |
Michigan | 30,800 | $663 | $31,943 |
Minnesota | 14,000 | $604 | $13,786 |
Mississippi | 9,400 | $585 | $8,440 |
Missouri | 20,300 | $604 | $18,588 |
Montana | 3,400 | $607 | $3,185 |
Nebraska | 4,700 | $620 | $4,509 |
Nevada | 15,000 | $630 | $15,575 |
New Hampshire | 3,900 | $741 | $4,960 |
New Jersey | 31,000 | $705 | $36,504 |
New Mexico | 7,900 | $594 | $7,510 |
New York | 62,600 | $706 | $78,405 |
North Carolina | 29,300 | $565 | $26,385 |
North Dakota | 1,600 | $635 | $1,877 |
Ohio | 33,200 | $620 | $30,240 |
Oklahoma | 15,200 | $620 | $14,280 |
Oregon | 17,600 | $521 | $15,309 |
Pennsylvania | 34,600 | $686 | $35,317 |
Rhode Island | 3,100 | $644 | $3,380 |
South Carolina | 12,400 | $561 | $11,132 |
South Dakota | 2,000 | $639 | $1,937 |
Tennessee | 17,200 | $633 | $17,049 |
Texas | 91,700 | $692 | $104,801 |
Utah | 7,600 | $560 | $8,392 |
Vermont | 1,700 | $672 | $1,694 |
Virginia | 29,800 | $629 | $31,380 |
Washington | 28,200 | $702 | $34,692 |
West Virginia | 3,500 | $686 | $3,484 |
Wisconsin | 12,900 | $593 | $11,609 |
Wyoming | 2,700 | $788 | $3,350 |
Grand Total | 1,060,200 | $640 | $1,120,566 |
* Excluding the Earned Income Tax Credit and other credits.
