Posted by : Daniel Stoica in (Blog, e File, Federal Taxes, Income Tax Return, Tax Filing, Tax Help, Tax Preparation, Tax Return, Tax Tips) On: November 30th, 2011
Tagged Under : Direct Deposit, e-file, IRS, mailing address errors, refund checks, taxpayers, undelivered tax refund checks
No, that’s not a mistake. The IRS announced on November 30, 2011, that it wants to return $153 million in undelivered tax refund checks. Over 99,000 refund checks were not delivered because of mailing address errors, and the average undelivered check was about $1,500 this year.
If you are missing your refund check, you should visit the “ Where’s My Refund?” tool on IRS.gov. The tool will provide the status of your refund and, in some cases, provide you with instructions on how to resolve delivery problems.
Choosing direct deposit could eliminate this undelivered check problem, as well as checks that are lost or stolen. Taxpayers who elect to receive their refunds via direct deposit have access to their funds as soon as they are deposited.
In addition to choosing direct deposit, the IRS also recommends that taxpayers file their tax returns electronically, because e-file eliminates the risk of lost paper returns. E-file also reduces errors on tax returns and speeds up refunds. Nearly 8 out of 10 taxpayers chose e-file last year. E-file combined with direct deposit is the best option for taxpayers to avoid refund problems; it’s easy, fast and safe.