MOUNTAINSIDE — The Internal Revenue Service is looking for Cape May County residents who are missing 107 economic stimulus checks totaling $61,472 and 28 regular refund checks totaling $31,355 that were returned by the U.S. Postal Service due to mailing address errors.
The average undelivered stimulus payment is $575 and the average undelivered regular refund is $1120. In some instances, a taxpayer may have both an undelivered stimulus payment and a regular refund.
The local residents area some of New Jerseyans who are missing 6,351 economic stimulus checks totaling about $3.82 million and 2,929 regular refund checks totaling nearly $3.16 million that were returned by the U.S. Postal Service due to mailing address errors. The average undelivered stimulus payment is $602 and the average undelivered regular refund is $1,078. In some instances, a taxpayer may have both an undelivered stimulus payment and a regular refund.
Nationwide, the Internal Revenue Service is looking for taxpayers who are missing more than 279,000 economic stimulus checks totaling about $163 million and more than 104,000 regular refund checks totaling about $103 million that were returned by the U.S. Postal Service due to mailing address errors. The average undelivered stimulus payment is $583 and the average undelivered regular refund is $988.
“People across the country are missing tax refunds and stimulus checks. We want to get this money into the hands of taxpayers where it belongs,” said IRS Commissioner Doug Shulman. “We are committed to making the process as easy as possible for taxpayers to update their addresses with the IRS and get their checks. All a taxpayer has to do is update his or her address once. The IRS will then send out all checks due.”
Stimulus Checks
It is crucial that taxpayers who may be due a stimulus check update their addresses with the IRS by Nov. 28, 2008. By law, economic stimulus checks must be sent out by Dec. 31 of this year.
The “Where’s My Stimulus Payment ?” tool on IRS.gov is the quickest and easiest way for a taxpayer to check the status of a stimulus check and receive instructions on how to update his or her address. Taxpayers without internet access should call 1-866-234-2942.
Regular Refunds
Taxpayers can update their addresses with the “Where’s My Refund? ” tool on IRS.gov. It enables taxpayers to check the status of their refunds. A taxpayer must submit his or her social security number, filing status and amount of refund shown on their 2007 return. The tool will provide the status of their refund and in some cases provide instructions on how to resolve delivery problems.
Taxpayers checking on a refund over the phone will be given instructions on how to update their addresses. Taxpayers can access a telephone version of “Where’s My Refund?” by calling 1-800-829-1954.
These checks are resent as soon as taxpayers update their address.
Unsure?
Taxpayers not sure of which type of check they may be due should check on a potential economic stimulus check first because of the looming deadline.
For Most People
The vast majority of checks mailed out by the IRS reach their rightful owner every year. Only a very small percent are returned by the U.S. Postal Service as undeliverable.
Through September 2008, the government distributed 116 million economic stimulus payments with only about 279,000 checks being undeliverable. Meanwhile, the IRS has distributed more than 105 million regular refunds this year with only about 104,000 being undeliverable. In both cases, well under one percent of refunds or stimulus checks were undeliverable.
Avoiding Future Problems
The IRS encourages taxpayers to choose direct deposit when they file their return because it puts an end to lost, stolen or undeliverable checks. Taxpayers can receive refunds directly into personal checking or savings accounts. Direct deposit is available for filers of both paper and electronic returns.
The IRS also encourages taxpayers to file their tax returns electronically because e-file eliminates the risk of lost paper returns. E-file also reduces errors and speeds up refunds.
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