Pennsylvania State Unclaimed Money
The IRS announced that it has billions of dollars for taxpayers who did not file a return for 2006 and are due a refund. Taxpayers can file un-filed returns to claim a federal refund up to three years after the original tax due date. The money the IRS holds in unclaimed refunds is returned to the United States Treasury after three years. Currently, the unclaimed refunds for tax year 2006 is due to go to the government by April 15, 2010.
Size of the IRS Unclaimed Refunds for 2006
The 2006 pool of unclaimed tax refunds is 1.3 billion dollars for about 1.4 million individuals. Each taxpayer is estimated to be owned an average of $604 dollars according to the IRS. These taxpayers are located through out the United States in all states. This is a breakdown of the 10 states with the largest amount of money in unclaimed 2006 IRS tax refunds and their respective average per person and total state refunds:
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