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If taxpayers do not claim tax refunds that they are owed, the money becomes property of the United States Treasury and is used to pay government debts and costs, or it may be used to take care of debts owed by the would-be receiver, such as unpaid child support. People have three years to file their claims before time runs out.

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Q: What happens to unclaimed tax refunds?
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Related questions

How much income taxes are unclaimed by illegal immigrants?

What a question!! Illegal aliens are not eligible for income tax refunds.


Where are the best places to search for unclaimed cash?

Unclaimed money can be found at the National Taxpayer's Union website, by tracking down missing tax refunds, finding an old pension plan, and going on a treasury hunt online.


Is federal income tax refunds taxable?

No. Federal tax refunds are not taxable. In some cases, state tax refunds are taxable.


Where can one find online info on tax refunds?

One can find online info on tax refunds on websites such as Turbo Tax, Canada Online, Kiwi Refunds, Tax Payer Service Center and many others as well. It can be easily found on government websites.


How do you exempt tax refunds?

Exempt them from tax? Federal refunds were paid with after tax $ and aren't taxable..but they are reported. State ones are, as you got a deduction for them when paid. There is no option to exempt them.


Are there calculators to estimate tax refunds?

There are plenty of aids to assist you in calculating your tax refunds. This one should suit you perfectly: http://www.1040.com/tax-tools/tax-estimator/


Which websites carry details on state tax refunds?

You can find information on state tax refunds at turbotax, or tax act websites. You can also go to the IRS website as well.


Does self employeed people get tax refunds?

that depends on how they pay their tax.


Can a landlord garnish income tax refunds?

No.


What happens to unclaimed baggage at airports?

Unclaimed baggage will go to the airport authority, who will try and find out who it belongs to.


What bank does TurboTax use for refunds?

TurboTax uses Bank of America for the deposit of tax refunds. Your tax refund is deposited in a Bank of America account and then transferred to your personal account.


Who does the IRS allow to put liens on tax refunds?

Governments