If you moved after filing your 2008 return and never gave the IRS your new address, some of the $123.5 million in unclaimed tax refunds might be yours. In all, as of late last year, the IRS had 107,831 refund checks totaling $123.5 million in missing money. The main reason the checks were returned is simple: The taxpayers moved after filing their 2008 tax returns and forgot to give the IRS their new addresses. In some cases, the addresses on people’s tax forms were illegible, causing the checks to be issued to wrong addresses.
Let the IRS know where you live! Whatever the reason, the IRS has money that could be yours. All you have to do is let the agency know where to send it. The simplest method is to provide your address electronically, via the agency’s refund-tracking Web page. Taxpayers can also call 1-800-829-1954 to check on a refund and receive instructions on how to update an address.
And the IRS still accepts a mailed Form 8822 (.pdf download) for address changes, but this method will take longer.