Time running out to claim refunds - WVVA TV Bluefield Beckley WV News, Weather and Sports

Time running out to claim refunds

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NBC News--The Internal Revenue Service says they have nearly One billion dollars in unclaimed funds.  If you're one of those taxpayers that may be affected, time is running out to claim your money.

Taxpayers have a maximum of three years to claim a refund before the money is turned over to the Treasury Department.  But that means, you have to file your Federal Tax returns from 2009 before April 15th or your money may still be withheld.

According to the IRS, about half of the potential refunds may be larger than 500 dollars.

This year, 600-thousand taxpayers may have to wait at least six weeks to receive their refund due to a software glitch.

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