answersLogoWhite

0

No. Any refund that you may have been due for the years 1998 and 1999 is no longer available to you.

Time for Filing a Claim for Refund

Generally, you must file a claim for a credit or refund within 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later. If you do not file a claim within this period, you may no longer be entitled to a credit or a refund.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Accounting

If you had an account become delinquent in 1998 but the charge off appeared on your credit report in 2005 can this be removed?

Dispute it with the reporting agencies. They are Equifax; Transunion and Experian.


What is the time limit imposed on a collection agency to validate a debt?

If you legally incurred the debt then you are responsible for it until it is paid. A company other than the company to which you were originally indebted may purchase the rights to your debt and you are responsible for paying them. There is no time limit on that debt. A collection agency can legally pursue you until the debt is paid in full. However, there is a time limit on the negative consequences of not paying the debt. In most circumstances that limit is seven years. Seven years from the time you became delinquent with your original creditor. Whether or not your debt was purchased by a collection agency, it should not be reported on your credit report or affect your credit score after seven years. The only time the debt could reappear is if you take an action on it. For example: In 1997 you applied for and received a store credit card and charged $1000 in merchandise. You did not pay the bill and after their attempts to collect the debt fail, the store sells your debt to a collection agency in 1998. That agency sells your debt to another agency in 2000. In the meantime, you pay all your bills on time and have an otherwise spotless credit history. In 2004 your $1000 debt will no longer appear on your credit report and your credit score will be higher because the old debt is no longer figured in the calculation. The collection agency is not doing anything illegal by contacting you regarding your debt. But it is no longer affecting your credit rating. In 2007 you pay $500 toward the debt. Your credit report would reflect you have a $500 debt to the collection agency and your credit score would drop. I hope this answered your question.


What is the buying power of the 1998 US dollar compared to a dollar today?

The buying power of the US dollar has decreased somewhat since 1998. The value of a dollar in 1998 is equal to $1.46 today.


When did Financial Post end?

Financial Post ended in 1998.


What was the market value of Avaya in 1998?

Avaya was spun off from Lucent Technologies on September 30, 2000. Lucent and Avaya now are two completely independent, publicly owned companies. Avaya didn't exist in 1998. It was just the phone equipment division within Lucent Technologies. So the market value in 1998 is listed under Lucent Technologies.According to the Annual Report on Form 10-K filed by Lucent with the Securities and Exchange Commission (SEC) on December 22, 1998, Lucent's market value was $113.5 billion.For more information, go to the Company Search screen of SEC EDGAR database, www.sec.gov/edgar/searchedgar/companysearch.html for Form 10-K Annual Reports.