NYers May Lose Millions in Unclaimed Tax Refunds

Senator Schumer warns New Yorkers about tax filing deadlines

Sunday, Apr 10, 2011  |  Updated 5:30 PM EDT
View Comments (
)
|
Email
|
Print
NYers May Lose Millions in Unclaimed Tax Refunds

Getty Images

Sen. Schumer reminds New Yorkers to file for unclaimed tax returns

Sen. Charles Schumer said New Yorkers could be missing tens of millions of dollars in unclaimed tax refunds and college tuition tax credits.
    
Schumer said Sunday that New Yorkers have about $50 million in unclaimed tax refunds that must be claimed by April 18 or the money will be forfeited.

     An estimated 39,955 families in and near New York City failed to file a 2007 tax return. Individuals have three years to file an old return and claim the refund they're owed. So this is the last year that these families can claim refunds from 2007.
    
Schumer said New York families may also be eligible for $590 million in tuition tax credits that were not filed in 2009 and could be claimed on their 2010 tax returns.
 

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
21st Century Solutions
The NBCUniversal Foundation is partnering... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out