Unclaimed or Undelivered tax refunds are those refunds that are not received by their rightful owner. This can happen due to various reasons such as an error occurring while filing tax returns or the rightful owner of the refunds cannot be located, and many more. Hence, there are millions of citizens in the United States whose federal tax returns go unclaimed. As a result, the federal government receives back the refunds after a certain period. However, if a taxpayer wants to receive his/her refunds, they need to file a claim for the Unclaimed Tax Refund Checks 2024. The claim can be made on the Internal Revenue Service website.
What are the Unclaimed Tax Refund Checks 2024?
U.S. citizens who paid higher taxes in a financial year can claim tax refunds after filing federal income tax returns. However, in many instances like the taxpayers shift to another place and forget to disclose their latest address to the IRS, their refunds return to the government. After a certain period, these refunds are considered as Unclaimed Tax Refunds. Now to get their Unclaimed Tax Refund Checks 202 back, citizens need to contact the tax authorities and file a claim. The taxpayers are eligible to track their refund status through several ways. The most common way to track refund status is to visit the IRS’ Where’s My Refund portal.
American Opportunity Tax Credit 2024
To check the Unclaimed Tax Refund status, the taxpayers may need to have some mandatory details. That includes a valid social security number or Individual Taxpayer Identification Number, tax returns filing status, and the amount of tax refund. Apart from that, citizens can also contact the Internal Revenue Service to know about their refund status. To successfully claim the refunds, citizens may need to qualify for some eligibility requirements. In case, the citizens have moved to another place, the IRS asks them to submit a change of address form 8822.
Unclaimed Tax Refund Checks 2024 Highlights
Title | Unclaimed Tax Refund Checks 2024 |
Country | The USA |
Department | Internal Revenue Service (IRS) |
Governing body | The U.S. Federal Government |
Category | Finance |
Refund status | Can be checked on the IRS Where’s My Refund |
Year | 2024 |
Official website | irs.gov |
Reasons Behind the Unclaimed Tax Refund Checks 2024
Many things can cause a delay or hold the tax refunds of the taxpayers in the U.S. Though, citizens can still claim their Unclaimed Tax Refund Checks 2024, they must be aware of the reason why their refund was abandoned in the first place:
- Error in Tax Return: While filing the income tax returns, a minor error can delay the tax refunds to arrive. For that, IRS officials check a person’s tax returns which can lead to two to three weeks to process the refunds.
- Taxpayer Relocates: In most cases, when a taxpayer relocates to a new place and forgets to inform the IRS or U.S. Postal Service, then their tax refund might be turned back to the state authorities.
- Lack of Knowledge: In many instances, taxpayers do not know to whom and how to contact for unclaimed tax refunds. As a result, millions of tax refunds remain unclaimed and uncredited in the country.
- Debt Owed: The IRS balanced taxpayer’s refunds by the debt that the taxpayer owes to the government.
Eligibility to get Unclaimed Tax Refund Checks 2024
If someone has not received their federal tax refunds, they are eligible to reclaim it. However, to do so, one may be required to meet the following eligibility criteria for the unclaimed tax refund checks:
- Taxpayers must be eligible to claim the Earned Income Tax Credit (EITC).
- The federal income taxes were deducted from the taxpayer’s income.
- Citizens must have filed the claim within three years of the unclaimed tax refunds.
Unclaimed Tax Refund Checks 2024 Credit Amount
The IRS has set an income limit for the citizens claiming the Earned Income Tax Credit while filing their federal income tax returns. The income limits may vary depending on the filing status of the taxpayer. For claimants who are filing as an individual, their income limit may differ from those who file a joint claim. On the other hand, the EITC amount depends on the number of children or relatives residing in a household. Based on these details, the income criteria and the refund amount for the Unclaimed Tax Refund Checks 2024 are available in the following table:
Number of dependents | Income limit for single, widowed | Income limit for married couples | EITC Amount |
Zero | $18,591 | $25,511 | $632 |
One | $49,084 | $56,004 | $4,213 |
Two | $55,768 | $62,688 | $6,960 |
Three | $59,899 | $66,819 | $7,830 |
How to Apply for Unclaimed Tax Refund Checks 2024?
The IRS provides a couple of mediums for taxpayers to file a claim for tax refunds. For that, citizens can either file by electronic mail or through paper application. However, electronic mail is considered the easiest and quickest mode to file as it discards the need to visit the IRS office. Hence, the online process is available at the following points:
- First, simply go to the official website of the Internal Revenue Service.
- Upon reaching the dashboard of the portal, an application form is provided for the unclaimed tax refund checks 2024.
- Fill out the application form with all the mandatory details. Maintain accuracy while filling out the form to avoid any delay.
- Gather the required documents and attach them with the application as asked by the authorities.
- Do thorough research and submit the form on the portal and wait for the IRS’s response.
For more information related to the Unclaimed Tax Refund Status, citizens can also visit the official website of the IRS.
Home Page | Click Here |
Raul joined SD News team in 2021, bringing his experience as a editor-cum writer on global financial & trending topics. From a young age, Raul developed a keen interest in Finance, which propelled his to pursue an undergraduate degree in global and international studies. Raul skillfully combines his knowledge of political economy and finance to empower readers with crucial insights.