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Do you have a refund coming? South Dakotans are due tax refunds every year which they do not receive. For tax year 2006, approximately 190 South Dakotans were owed an estimated $109,613 from the IRS because they failed to update their address with the IRS. The refund checks, averaging $577, can be claimed as soon as taxpayers update their addresses with the IRS. As tax year 2007 returns are filed, the number of undeliverable returns from prior years decrease. The IRS automatically forwards the undeliverable refunds to the taxpayer's current address on their 2007 return. Click on the following link to see if your name is on the list.
List of South Dakotans owed money by the IRS
Nationally, 115, 478 taxpayers are due refund checks worth about $110 million. Some individuals may have had taxes withheld from their wages but had too little income to require filing a tax return. Others may not have had any tax withheld but would be eligible for the refundable Earned Income Tax Credit. The Earned Income Tax Credit (EITC) is a federal income tax credit for low-income workers who are eligible for and claim the credit. The credit reduces the amount of tax an individual owes, and may be returned in the form of a refund. Use the EITC Assistant to see if you are eligible. 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 the refund within three years, the money becomes property of the U.S. Treasury. There is no penalty assessed by the IRS for filing a late return qualifying for a refund. The deadline for the 2004 tax year is April 15, 2008. However, a four month extension can be obtained by filing Form 4868 by the April 15th deadline. There is still plenty of time to file 2004 and 2005 tax returns. For current or prior year tax forms, click here or call 1-800-TAX-FORM (1-800-829-3676). For more information about a tax extension, click here. For free assistance with filing a past or current return, a list of seasonal volunteer tax assistance sites can be obtained by clicking here. These volunteer operated tax assistance sites offer free tax return preparation, along with electronic filing at most locations. Volunteer sites are usually open only during the tax season - February thru April 15th. Eligible taxpayers may also prepare and file their tax return on-line for free through the Free File Alliance. Taxpayers who need help can call the IRS help line at 1-800-829-1040. Many refunds are returned to the IRS due to addressing errors. Taxpayers can file a change of address (form 8822) with the IRS or contact the IRS toll-free at 1-800-829-1040. For more information on how to notify the IRS of a change of address, click here. To put an end to undelivered refunds, taxpayers can take advantage of Direct Deposit. Taxpayers who choose this service receive their refunds directly into a personal checking or savings account. Direct Deposit, which also guards against theft or lost refund checks, is available for filers of both paper and electronic returns. To check the status of your current tax refund, click on Where's My Refund? For more information contact: Lee DeJabet, (605)773-3900 |
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Office of State Auditor,
Capitol Building, 2nd Floor,
500 East Capitol,
Pierre, SD 57501-5070 Phone: (605) 773-3341 - Routine Business Fax: (605) 773-5929 |
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