Friday, March 4, 2011

Money on the Table

Have you filed your income taxes yet? Every year about this time, it gets tempting to just forget the whole thing, but that's really not a good idea. Not only is it illegal, but you might be missing out on some money coming back to you. The IRS just announced that it's sitting on $1.1 billion for the 2007 tax year alone that should have been refunded to taxpayers who ended up not filing a return that year.

If you're one of those people, you have until April 18 to file your 2007 return and claim your money. After that, the money is going straight to the U.S. Treasury. If you also didn't file in 2008 and 2009, though, you're out of luck.

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