Calif. is trying to give back $20M in tax refunds
SAN DIEGO – California has more than $20 million in tax refunds from last year that haven’t be given to the taxpayers.
The mix up is primarily blamed on taxpayers moving and not changing their address. The good thing is California is holding on to the checks and is looking to give it back.
The United States Postal Service returned nearly 47,500 income tax refunds this year, mostly because taxpayers moved after they filed their returns, but never provided new addresses, the Los Angeles Times reported.
The state Franchise Tax Board says it has more than $20 million in returned checks, ranging from $1 to $50,000.
Taxpayers should update their addresses on the Franchise Tax Board’s website. Outstanding refunds will be issued immediately following the update.
The agency also has a website for people to check their refund state.
California has issued more than 10.7 million refunds as of Nov. 24. The checks total $10.5 billion.