Community Issues

Tax Refunds Are Up, But Are You Getting What You're Owed?

More than $1.4 billion in refunds has gone unclaimed

After initial reports that early tax refunds were down this year, new data suggests they are climbing back up.

According to the Internal Revenue Service, the average refund as of March 1 was $3,068 compared to $3,046 a year ago.

But according to the Washington Post , millions or even billions of dollars are left on the table by people who don't claim their federal tax return. The Post says an estimated 1.2 million taxpayers have not filed their 2015 tax return and are owed $1.4 billion.

But taxpayers only have a three-year window to claim a tax refund before the money is sent back to the Treasury Department. Every year, hundreds of thousands of people don't file with the federal government because they don't realize they need to, fear they owe money, or don't realize they're eligible for a refund.

If you haven't filed, or believe you are owed a refund, there are several steps you can take. Of course, you can meet with a professional tax preparer. You can also click here to find free tax preparation help online . Additionally, you may qualify for help through the Volunteer Income Tax Assistance (VITA) program or Tax Counseling for the Elderly (TCE). Click here to find the VITA or TCE program closest to you .

Taking these steps can help make sure that you get all the money owed to you by Uncle Sam!

Image by Steve Buissinne from Pixabay

You Might Like:

How can you start something good?
The Conversation
More stories you may love

How Saving A Church Is Saving Lives Too

A couple bought an abandoned church and turned it into a community center. What they've created is so much bigger.

They're Saluting Our Veterans Every Day of the Year

Meet the Pittsburghers who are making sure our returning vets have jobs, homes and food, and find out how you can help.

How Goats And The Volunteers Who Love Them Are Saving A Popular Park

They're keeping invasive plants from taking over Pittsburgh's Frick Park by doing what comes naturally. For the goats at least!

Our Mission
Have you ever felt like there's just too much bad news? Ever felt like the world is hopeless, and you're helpless to do anything about it? We did too. That's why we created Sparkt™.
At Sparkt™, we tell powerful stories about great people making a difference in their communities, and we show you how you can make a difference too. Join us, and together, let's #StartSomethingGood!
Sparkt Newsletter
Get positive, uplifting stories in your inbox
Follow Us on Social Media
Download the Mobile App
Sparkt™ is a Rabble Holdings, Inc. Media Brand. © 2020 Rabble Holdings, Inc. All Rights Reserved.