Published: February 27th, 2012 07:45 AM
Last Modified: February 27th, 2012 07:46 AM
KODIAK -- The Internal Revenue Service says nearly 6,000 Alaskans could lose out on a total of almost $6 million if they don't claim refunds they qualified for.
According to the IRS, about 5,800 Alaskans who qualified for a refund in 2008 didn't file their taxes. The IRS says the median potential refund is $641.
There is no penalty for not filing if a taxpayer is owed a refund. However, the money becomes U.S. Treasury property after three years.
For those owed a refund, the money could be held if a taxpayer hasn't filed for 2009 or 2010.
The money also could be used to pay overdue child support or delinquent federal debts including student loans.
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