If you live in Texas or you used to live there, you may have a Texas tax refund coming to you from the State Controller’s office. Every year the state sees an influx of tax refunds in Texas and the Controller’s office is at odds about what to do. Officials are baffled that more Texans aren’t coming forward. With many living paycheck to paycheck and many more than in debt, officials expected more people to step forward to claim that the money belongs to them. Until those people come forward, the billions in unclaimed funds will continue to gather dust in bank vaults across the state.
Texas State Refunds
When a resident of the state receives a tax refund, it is typically mailed to them in check form. This check does not always reach the proper recipient, however. The person may move before the check can arrive with out leaving a forwarding address or that just has not updated one yet. It may have been mailed out to an old address or another address depending on if you have ever owned a P.O. box or had mail going to anyone else address on your behalf. Or sometimes the mail person might put the mail in another person’s box on accident as a result of human error. A million things can happen, but the end result is a Controller’s office full of Texas state refunds.
If the tax refunds in Texas can not reach the proper person, the Controller’s office is the one that has to deal with the problem. They do this by gathering the original funds that have been lost or unclaimed as well as manages the money in order to keep tabs on it and track of whether it has been paid out or not and to who. They also have to maintain the accounts the money is currently sitting in while it is waiting for its proper owner of these funds. Unfortunately, there are not enough resources to contact the millions of people who might be owed Texas tax refunds directly. Which makes it very difficult to get control of this problem as well as keep it from happening in the future. This means that it is up to the current or former resident to contact the proper department to make or file an actual claim.
Luckily, you d not have to call anyone or mail anyone to find out if you have tax refunds in Texas waiting on you. This is especially beneficial if you have moved out of state and you want to know if you have any money coming to you from the previous state you just lived in or even any other state you might have lived in long ago. To search for and find Texas tax refunds, merely search using your first and last name and/or any businesses you own or used to own in the state. You can search for friends and family as well as anyone else you might think of that would be comfortable with you telling them you found unclaimed funds or missing money from an old tax refund under their name.
Once you dig in and start looking you may find out that you actually have several refunds coming to you. These could easily add up to be over thousands of dollars just sitting out there in government coffers and state accounts just waiting for you to claim it. At any rate, you will be doing your part to rid the country of tax refunds in Texas as well as giving back time to the workers who are currently trying to maintain it. You might end up putting some extra cash back in your pocket at the same time as others you might know too.