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Claim Your 2003 Tax Refund Or Lose It
By Richard Chappoe
The only good thing about doing taxes is getting a nice, big tax refund. Unfortunately, nearly 2 million taxpayers failed to claim theirs in 2003.
Could you use some extra money to pay taxes and bills this year? You might want to look through your records to your 2003 tax return. If you were due a tax refund, did you actually get it? You might be surprised to learn that many people don’t. In fact, over 1.8 million people failed to claim billions of dollars in refunds for 2003.
How does $1,200 sound? What could you do with it this month? Heck, you could even fill up your car at the gas station a couple of times. Okay, maybe twice given the outrageous gas price increases, but the money would clearly help. Well, $1,200
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is the average tax refund due to people that failed to claim theirs in 2003!
You are probably wondering how so many people could leave tax refunds at the IRS. It is often a matter of record keeping. Most of us make mistakes here and there and they add up.
1. Your employer withdrew taxes from your paycheck, but you didn’t file.
2. You worked on and off and forget you paid taxes during one of the on times out of your paycheck.
3. A hot real estate market led to people buying and moving, but failing to let the IRS know where they went.
4. The EITC is available to low income taxpayers, but they don’t file.
5. You accidentally made to quarterly payments instead of one.
Can you imagine just throwing 1,000 out the window of your car? If you haven’t claimed your 2003 refund, you are about to do just that. After April 17th of 2007, it expires. That’s right, you lose it and the IRS gets to spend it as it wishes!
Hate paying taxes? Hate preparing your taxes? Well, you are probably starting to really feel that way as April 17th starts to get closer and closer. You can numb the pain, however, by going back and getting your 2003 refund.
Article Source: http://www.Article-Warehouse.com
Richard A. Chapo is with BusinessTaxRecovery.com - save money with tax credits.
Feel free to grab a unique version of this article from the Uber refund article directory
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