Servicemembers due millions in tax refunds

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Servicemembers due millions in tax refunds
By Lisa M. Novak, Stars and Stripes
Mideast edition, Thursday, March 12, 2009

NAPLES, Italy — Millions of dollars in tax refunds may go unclaimed by thousands of servicemembers who have yet to file a tax return for 2005.

The IRS reported more than 5,500 servicemembers who are due a refund from that year will lose out if they don’t file by April 15.

More than 50 percent of those troops are eligible for almost $600, and some are due refunds in the thousands.

In all, more than $1.3 billion is owed to all U.S. taxpayers from 2005. But to get the money, they also have to file a return for 2006 and 2007 if they haven’t already done so.

On the Navy base at Capodichino, tax preparers said they’ve seen a few clients filing back to 2006, but none yet looking to file for 2005.


Rest of article at: http://www.stripes.com/article.asp?section=104&article=61279