Listen Live on  
 

NewsRadio KFBK

Sacramento's News, Weather and Traffic Station
 
 

California Sitting on $16 Million in Unclaimed Tax Refunds

 
California Sitting on $16 Million in Unclaimed Tax Refunds
Posted January 14th, 2014 @ 6:55pm by KFBK News

The state is looking to return $16 million in unclaimed tax refunds.

The Franchise Tax Board says it's sitting on 48,000 refunds from 2013 that were undeliverable because of address changes or typos.

"Most of them are hovering under $1,000, but we do have a few that are in the tens of thousands," Spokeswoman Denise Azimi said. 

Azimi says one is as high as $54,000. Sacramento County has just more than a thousand refunds waiting to be collected, totaling about $300,000.

"Probably the best advice is, is use direct deposit when you're getting your tax refunds," she said. 

People change bank accounts less frequently than addresses.

To update your address or check on your refund, head to ftb.ca.gov or call 1-800-852-5711.

Recommended Stories

More from NewsRadio KFBK

*