Over $23 million in unclaimed Missouri tax refunds set to expire

Over $23 million in unclaimed Missouri tax refunds set to expire

And the entire amount will be subject to federal, state and local taxes that you'll be on the hook for a year from now. For example, a single person with three or more children could qualify for the EITC if they made less than $46,997.

Don't be a victim this tax season. The recording gave the taxpayer a case number and a telephone number to call to return the refund.

Those wanting to file an old tax return can find the appropriate forms on the IRS documents page.

This short video describes how tax scammers try to get you to pay on the phone. You'll have to return the money with interest.

Nevertheless, identity theft criminals remain active, with the Identity Theft Resource Centre (ITRC) recording 1,579 data breaches in 2017, up 45% from 2016, and Experian reporting that W-2 scams increased by nearly 80% over that period.

They're at it again... tax scammers scheming new ways to steal personal information and money.

Failing to file federal returns also varies greatly by state.

According to the IRS, Americans left $1.1 billion in unclaimed federal income tax refunds in 2014.

Colts Benefit From Kirk Cousins Going To Minnesota
But the prospective "what if's" of a franchise that has been stuck in neutral for the past 49 years is just not that attractive. In 2015, his first season as the primary starter, Cousins led the league in completion percentage and with 29 touchdown passes.

Meanwhile, because phone spam and scam calls have become so prevalent, it's also wise to use spam-blocking software, which you can get either through your own phone company or through free downloads at Hiya or Nomorobo, among others. That means April 17, 2018, is the last day for people who didn't file their returns in 2014.

After filing your tax return, the scammer will put the tax refund into the taxpayer's real bank account through direct deposit.

Contacts their victims, telling them the money was mistakenly deposited into their accounts and asking them to return it. Don't reply to or click on any links in any kinds of messages like this; instead, forward the message to the IRS at phishing@irs.gov so they can investigate it further. If you encounter any of the scenarios described above, call the IRS at (800) 829-0433 to report the potential fraud. Chances are you can work out an arrangement that will be cheaper than owing the IRS, which will charge you a penalty of 0.5 percent of your unpaid taxes for each month or part of a month that your payment is late. "Time is running out for people who haven't filed tax returns to claim their refunds".

If you have available credit, you may want to borrow from a lender or credit card.

Like any swindle, it is always better to take steps to prevent identity theft from happening than to react to it after the fact.

There are some circumstances in which your refund may take longer.

But do you know Sue Wang with Debt and Credit Consulting Services?

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