» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 39 | Monday, February 27, 2012

IRS Says 18K Tennesseans Could Get 2008 Refunds

AP

Print | Front Page | Email this story | Comments ()

As taxpayers prepare their income tax returns for 2011, the Internal Revenue Service is still holding millions that are owed to Tennessee residents from 2008.

IRS spokesman Dan Boone said the funds can’t be refunded because more than 18,000 Tennesseans it should go to haven’t filed returns from three years ago.

Refunds totaling $16,130,000 await 2008 filings in Tennessee. Nationally, the estimate is more than $1 billion for people who have yet to file for that year.

Boone said the late filing can still be done without penalty if a refund is owed, but only until April 17. After that, the money is turned over to the U.S. Treasury.

The IRS can still withhold refund checks for 2008 from taxpayers if they didn’t file returns for 2009 and 2010.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.