WASHINGTON (March 14, 2013)—The U.S. Internal Revenue Service has $917 million in unclaimed tax refunds from 2009, and time is running out to claim them, IRS officials said.
The refunds are owed to nearly 1 million people who failed to file returns for 2009.
Taxpayers must file 2009 returns by April 15 to claim refunds and after that the money becomes property of the U.S. Treasury.
The IRS says there is no penalty for filing a late return that qualifies for a refund, but says refunds may be delayed if taxpayers also failed to file returns for 2010 and 2011.
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