Written by Chase Sagum | Last Updated June 26th, 2019Follow Chase Sagum on Google+
Have you received your 2013 tax refund? In California, the U.S. Postal Service has returned nearly 50,000 refund checks to the state. Many of these are a result of the taxpayer changing his or her address during tax season and not updating the tax agency. The result is nearly $20 million in un-deposited checks.
On a federal level, nearly 100,000 refunds from the IRS checks went undelivered resulting in over $150 million in undeliverable funds. Lost or stolen refunds do account for a small portion of the missing checks. However, like the people in California, much of the problem is a direct result of poor communication on the part of the taxpayer.
So, what can you do to ensure that you receive your refund this tax season?
- Update your address with both the IRS and your state tax board.
- E-file - File your taxes electronically. Avoid relying on the US Postal Service.
- Once filed, check the status of your return at IRS.Gov and your state tax board website.
- Direct deposit - Have your return deposited directly into a checking or savings account. Again, avoid relying on the Postal Service.
- File early - If possible, file early and avoid the April rush and the mistakes that come with a fast approaching deadline.
- Be wary of scammers. Tax agencies will not seek personal information via phone calls or emails. Don't give it out.
Don't become another statistic this tax season. Take the time and extra steps to insure that this spring will be smooth and un-eventful.