IRS: Over $266M in Economic Stimulus and Tax Refund Checks Undeliverable

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By Admin on October 30, 2008 10:13 AM

More than $266 million in federal tax refund checks and economic stimulus payouts have not been delivered to taxpayers because of mailing address errors, the Internal Revenue Service (IRS) announced last week. The agency has issued a Press Release outlining the steps taxpayers can take to fix the problem and ensure they get their money.

The IRS reports that 279,000 economic stimulus checks have not reached their rightful recipients, and instructs all taxpayers due a stimulus check to update their addresses with the IRS by Nov. 28, 2008, because under the law, economic stimulus checks must be sent out by Dec. 31 of 2008. Taxpayers should use the "Where's My Stimulus Payment?" tool on the IRS web site to check the status of a stimulus check and learn how to update their mailing addresses (or call the IRS at 1-866-234-2942).

More than 104,000 refund checks for tax year 2007 have also been returned to the IRS as undeliverable. The agency is instructing affected taxpayers to update their mailing addresses using the "Where's My Refund?" tool on the IRS web site, and the refund checks will then be sent out (for a telephone version of "Where's My Refund?", call the IRS at 1-800-829-1954).