Can You Still Get a 2011 Tax Refund?

The filing deadline to claim your 2011 tax refund has passed but you should still file

The IRS statute of limitations allows you to claim a refund for three years after the original due date of a return. That means you had until April 15, 2015 to file your 2011 return and claim your refund.

If you didn’t claim your refund by April 15, 2015 then the U.S. Treasury got to keep your refund. You can still file a return, but you won’t get any money back.

Penalties and interest

If you were due a refund here’s some good news: you won’t have to pay any penalties or interest. That’s right, the IRS only charges penalties and interest of people who owe taxes. Letting the IRS keep your refund is the only punishment you’ll face for filing late. Continue reading “Can You Still Get a 2011 Tax Refund?”

Can I Get a Refund from 2009 Taxes?

You must have filed by April 15, 2013 in order to claim your 2009 tax refund.

$917 million. That’s how much money in 2009 refunds was just sitting in the Treasury waiting to be claimed.

The IRS announced that there were an estimated 984,000 people who didn’t claim their 2009 refunds. That’s an average refund of $932 per person! If that’s your money don’t let it go to waste.

You can still get your 2009 refund, but not for much longer. You must file your 2009 return by April 15, 2013 in order to receive it.

According to the statute of limitations, you have three years after a return’s original due date to file and still get a refund. After three years you can still file, but you won’t see any money. Your refund now belongs to the Treasury. Continue reading “Can I Get a Refund from 2009 Taxes?”

I’m Late Filing My Tax Extension–What Do I Do!?

Every one of us has had an extension for something in our lives. Whether it is a school paper, something due at work, or our taxes, we all need a little more time on occasion. But what if you’re late with that extension? What if you were supposed to be filing your tax extension 3 months ago and you still haven’t? Then what?

This is a more common situation than you might initially think. Because filing a tax extension usually means getting rid of money–money that often you can ill-afford to spare–it’s common for people to put off filing if they can. But this is not the best way to get rid of your tax problem. This is: Continue reading “I’m Late Filing My Tax Extension–What Do I Do!?”