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IRS Has $760 Million for People Who Have Not Filed a 2010 Income Tax Return

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Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax return for 2010, the Internal Revenue Service announced today. However, to collect the money, a return for 2010 must be filed with the IRS no later than Tuesday, April 15, 2014.

“The window is quickly closing for people who are owed refunds from 2010 who haven’t filed a tax return,” said IRS Commissioner John Koskinen. “We encourage students, part-time workers and others who haven’t filed for 2010 to look into this before time runs out on April 15.”

The IRS estimates that half the potential refunds for 2010 are more than $571.

Some people may not have filed because they had too little income to require filing a tax return even though they had taxes withheld from their wages or made quarterly estimated payments. In cases where a return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund. If no return is filed to claim a refund within three years, the money becomes property of the U.S. Treasury.

For 2010 returns, the window closes on April 15, 2014. The law requires that the return be properly addressed, mailed and postmarked by that date. There is no penalty for filing a late return qualifying for a refund.

The IRS reminds taxpayers seeking a 2010 refund that their checks may be held if they have not filed tax returns for 2011 and 2012. In addition, the refund will be applied to any amounts still owed to the IRS or their state tax agency, and may be used to offset unpaid child support or past due federal debts such as student loans.

By failing to file a return, people stand to lose more than just their refund of taxes withheld or paid during 2010. In addition, many low-and-moderate income workers may not have claimed the Earned Income Tax Credit (EITC). For 2010, the credit is worth as much as $5,666. The EITC helps individuals and families whose incomes are below certain thresholds. The thresholds for 2010 were:

  • $43,352 ($48,362 if married filing jointly) for those with three or more qualifying children,
  • $40,363 ($45,373 if married filing jointly) for people with two qualifying children,
  • $35,535 ($40,545 if married filing jointly) for those with one qualifying child, and
  • $13,460 ($18,470 if married filing jointly) for people without qualifying children.

Current and prior year tax forms and instructions are available on the Forms and Publications page of IRS.gov or by calling toll-free 800-TAX-FORM (800-829-3676). Taxpayers who are missing Forms W-2, 1098, 1099 or 5498 for 2010, 2011 or 2012 should request copies from their employer, bank or other payer.

If these efforts are unsuccessful, taxpayers can get a free transcript showing information from these year-end documents by going to IRS.gov. Taxpayers can also file Form 4506-T to request a transcript of their tax return.

Individuals who did not file a 2010 return with a potential refund:

State or District EstimatedNumber ofIndividuals MedianPotentialRefund TotalPotentialRefunds* 
Alabama 15,700 $574 $12,473,000
Alaska 4,700 $649 $4,810,000
Arizona 23,800 $508 $17,517,000
Arkansas 8,400 $562 $6,667,000
California 86,500 $519 $69,752,000
Colorado 17,100 $567 $14,061,000
Connecticut 11,700 $620 $10,304,000
Delaware 3,800 $573 $3,126,000
District of Columbia 3,500 $604 $3,080,000
Florida 56,800 $593 $48,407,000
Georgia 28,400 $539 $22,504,000
Hawaii 6,200 $586 $5,413,000
Idaho 3,500 $490 $2,604,000
Illinois 37,900 $626 $32,696,000
Indiana 19,600 $570 $15,478,000
Iowa 9,200 $576 $7,050,000
Kansas 9,300 $522 $6,986,000
Kentucky 11,500 $576 $8,975,000
Louisiana 17,500 $603 $15,579,000
Maine 3,500 $502 $2,373,000
Maryland 20,700 $575 $18,002,000
Massachusetts 21,000 $560 $17,856,000
Michigan 29,200 $597 $24,259,000
Minnesota 12,700 $516 $9,582,000
Mississippi 8,500 $556 $6,769,000
Missouri 17,900 $514 $13,153,000
Montana 2,900 $534 $2,338,000
Nebraska 4,500 $528 $3,368,000
Nevada 11,400 $570 $9,156,000
New Hampshire 3,800 $602 $3,245,000
New Jersey 29,500 $639 $26,712,000
New Mexico 7,200 $572 $5,915,000
New York 57,400 $623 $50,543,000
North Carolina 24,300 $494 $17,538,000
North Dakota 1,900 $600 $1,551,000
Ohio 32,100 $560 $24,508,000
Oklahoma 15,100 $585 $12,246,000
Oregon 14,300 $519 $10,359,000
Pennsylvania 37,400 $614 $31,009,000
Rhode Island 3,000 $598 $2,472,000
South Carolina 10,200 $532 $7,756,000
South Dakota 2,100 $558 $1,605,000
Tennessee 16,300 $559 $12,839,000
Texas 80,600 $588 $71,998,000
Utah 6,100 $518 $4,705,000
Vermont 1,600 $519 $1,136,000
Virginia 26,300 $568 $22,376,000
Washington 24,800 $640 $23,033,000
West Virginia 4,100 $626 $3,534,000
Wisconsin 10,900 $516 $8,423,000
Wyoming 2,200 $648 $2,045,000
Totals 918,600 $571 $759,889,000

* Excluding the Earned Income Tax Credit and other credits.

IRS NEWLETTER

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