The Internal Revenue Service says it has $164.6 million in undelivered refund checks that belong to about 111,893 taxpayers. Most of that unclaimed money is sitting at the IRS due to mailing address errors.
The Earned Income Tax Credit (EITC) is a refundable tax credit you can claim on your tax credit if you work and have low wages. The primary intent of the credit is to give a tax credit to qualifying individuals and couples who have qualifying children, with the credit increasing with each additional qualifying child.
That’s one heck of a tongue twister, isn’t it? As difficult as it may be to say three times fast, it’s actually much easier to think of a Roth IRA re-characterization as a “do over.” A re-characterization lets you undo a conversion you made earlier in the year.
Now you can say goodbye to lost receipts. And say hello to full refunds on your returns and a simpler way to find and organize your receipts for rebates, insurance or warranties. It’s a first step to getting rid of all the scraps of paper from your wallet and the bottom of your purse and instead, easily accessing them online.
To our customers, I deeply apologize for the pain we have caused those of you affected by this week’s outage. We hold ourselves to the highest standards in dependability and customer service, and over the past two days, we have...